In Which Type of Operations Classification Are Manufacturing Operations Classified

question 39

Multiple Choice

In which type of operations classification are manufacturing operations classified in terms of the amount of assembly that occurs after a customer order is received?

• A)processing  
• B)flexibility  
• C)production  
• D)operations

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Credit Sales

Sales of goods or services where the payment is delayed as per agreed terms, instead of requiring immediate payment.

Cash Receipts

Cash receipts are the total amount of money, including cash and checks, received by a business during a specific period from transactions.

Production Budget

An estimation of the costs associated with the production processes of a company, detailing the required resources and their expected costs.