Which of the Following Is Not a Cost Factor

question 33

Multiple Choice

Which of the following is not a cost factor? 

• A) Energy costs. 
• B) Labour productivity. 
• C) Materials costs. 
• D) Supplier capacity utilization.

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Definitions:

Precise Units

Measurement or quantities described with accuracy and exactness, often in the context of manufacturing or science.

Workforce Size

The total number of employees, both full time and part time, engaged in an organization or available in the market.

Equipment Used

Equipment used refers to the tools, machinery, and devices employed in the execution of a specific task or operation.

Productivity

The measure of how efficiently production inputs, such as labor and materials, are converted into outputs, or goods and services.