Which of the Following Is a Major Difference Between Continuous

question 21

Multiple Choice

Which of the following is a major difference between continuous processes and flow shops?

• A)Inputs are fixed for continuous shops and the flow of work is continuous for flow shops
• B)In flow shops,there is a discrete product or service instead of products not naturally divisible
• C)Degree of automation is higher for flow shops
• D)Continuous shops tend to be very small while flow shops tend to be very large

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Definitions:

Cost of Capital

The rate of return that a company must earn on its investment projects to maintain its market value and attract funds, including the cost of debt and equity financing.

Market Supply

The total amount of goods or services that are available for purchase within a specific market at a given time.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can influence the market price.

Market Prices

The amount of money that a buyer is willing to pay and a seller is willing to accept for a good or service in a competitive marketplace.