Which Facility Layout Is Associated with Made-To-Stock and Assemble-To-Order Levels

question 2

Multiple Choice

Which facility layout is associated with made-to-stock and assemble-to-order levels of customer involvement and relatively inflexible repetitive process operations or continuous process operations?

• A)Cellular
• B)Process
• C)Fixed-position
• D)Product

Identify ethical issues specific to multinational corporations and international business practices.

Understand the concepts of behavioral economics with regard to human decision-making.

Understand the four stages of Piaget's theory of cognitive development and identify the milestones in each stage.

Explain the concepts of schema, assimilation, and accommodation in cognitive development.

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Definitions:

Labor Rate Variance

The difference between the actual cost of labor and the budgeted cost, based on the standard labor rate.

Labor Rate Variance

The difference between the actual hourly wage rate paid to workers and the expected or standard rate, affecting production costs.

Labor Rate Variance

The variance between the real hourly wage workers receive and the anticipated or usual wage rate, when multiplied by the total hours of work.

Labor Efficiency Variance

The variance between the real hours spent working and the anticipated standard hours, times the normal wage rate.