Which of the Following Shows How a Product's Parts Go

question 56

Multiple Choice

Which of the following shows how a product's parts go together and the order in which they are assembled?

• A)Pareto chart
• B)assembly chart
• C)process chart
• D)value stream mapping (VSM)

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Definitions:

Physical Assets

Tangible resources owned by an individual or business, such as buildings, machinery, land, and equipment, which have intrinsic value and can be used to generate economic benefit.

Profit And Loss Statement

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time, usually a fiscal quarter or year.

Income Statement

A financial document that reports a company’s revenues and expenses over a specific period, ultimately showing the net profit or loss.

Bundled Pricing

A pricing strategy whereby companies package a set of goods or services together and then sell them for a lower price than if they were to be sold separately.