Examlex

Solved

In the Off-Highway Industry, There Are a Number of Machines

question 7

Multiple Choice

In the off-highway industry, there are a number of machines that are built for highly specialized applications. These machines are built in low volume and require an equally low volume of specialized components. What would a customized manufacturer of drivetrain products use to reach its market?


Definitions:

Sales Revenues

Revenue generated through the sale of products or services within a specific timeframe.

Value Basis

A method for assessing the value of assets, typically the original cost of the asset adjusted for factors such as depreciation.

Lumber Mill

A facility where logs are cut into timber, undergoing processes from debarking to sawing and sometimes further processing.

Board Feet

A volume measurement used in the lumber industry, equivalent to a piece of wood that is one foot long, one foot wide, and one inch thick.

Related Questions