Smart Benchmarks Include

question 81

Multiple Choice

Smart benchmarks include

• A)breakeven time and volume.
• B)product life cycle intervals and delivery speed.
• C)return on equity and inventory turns.
• D)all of the above

---

Definitions:

Machine Setups

The process of preparing and adjusting machines for a specific production run.

Fixed Manufacturing Cost

Costs that do not change with the level of production, such as salaries of permanent staff and rent for factory space.

Production Volume

The total quantity of products manufactured during a specific period.

Fixed Component

A cost or value that remains unchanged regardless of the level of output or activity, such as rent or salaried wages.