Which of the Following Best Explains 'Assembly to Order (ATO)

question 34

Multiple Choice

Which of the following best explains 'assembly to order (ATO) '? 

• A) Only raw materials and components are kept in stock. 
• B) All activities are planned based upon customer order. 
• C) There is no stock held at all. 
• D) Manufacture takes place based on forecasts and final assembly takes place based on customer orders.

Analyze and interpret PLC wiring diagrams and schematics.

Understand the importance and methods of programming PLCs.

Identify the significance of input and output devices in a PLC system.

Appreciate the advantages of using PLCs over traditional control systems.

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Definitions:

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it.

Availability Heuristic

A cognitive bias that causes people to overestimate the likelihood of events based on their ability to recall examples more easily.

Confirmation Bias

The habit of looking for, comprehending, selecting, and reminiscing about information that validates an individual's prior convictions or theories.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, also known as the "knew-it-all-along" effect.