Which of the Following Would Most Likely Fall Under the Scope

question 34

Multiple Choice

Which of the following would most likely fall under the scope of only an operations manager?

• A) research and development
• B) new product plans
• C) capital investments
• D) facility location and expansion
• E) setting inventory levels

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Definitions:

Materials Inventory

The total cost of all the materials that are currently stored by a company and that will be used in production.

Raw Materials

The basic materials from which a product is made, usually referring to unprocessed or minimally processed substances used in manufacturing.

Manufacturing Cost Data

Information related to the expenses associated with the production process, including direct materials, direct labor, and manufacturing overhead.

Direct Materials

Raw materials that can be directly attributed to the production of a specific product and are an integral part of the finished product.