Which of the Following Does an Organization Chart Do

question 65

Multiple Choice

Which of the following does an organization chart do?

• A) depicts the attrition rate in the organization
• B) depicts the costs incurred by the organization
• C) shows lines of authority in the organization
• D) shows the performance of the organization
• E) shows the growth curve of employees

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Definitions:

Holding Cost

The expenses associated with storing unsold goods or materials, including warehousing, insurance, and depreciation.

Manufacturing Cost

The total expense related to the production of goods, including raw materials, labor, and overhead costs.

Lot Size

The quantity of goods processed, transported, or ordered at one time, affecting costs, efficiency, and inventory management.

Optimal Lot Size

The most economically advantageous quantity of a product to order or produce, balancing between ordering costs and holding costs.