Which of the Following Is NOT an Objective of Scheduling

question 83

Multiple Choice

Which of the following is NOT an objective of scheduling?

• A)Resources such as equipment and labor are used effectively.
• B)Overall costs are reduced.
• C)Work-in-process inventories are maximized.
• D)Productivity is increased by maximizing flow of goods and services through the system.

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Definitions:

Turnover

A financial metric indicating the rate at which inventory is sold or the rate at which employees leave and are replaced in a business.

Net Operating Income

The profit a company generates from its operations, excluding taxes and interest, calculated as revenues minus expenses.

Operating Assets

Assets used by a business in its day-to-day operations to generate revenue, excluding investments and non-essential assets.

Return On Investment

An evaluation tool for gauging the productivity or returns of an investment, achieved by dividing the net earnings by the investment's expense.