Which of the Following Is Not True About Process Layouts

question 74

Multiple Choice

Which of the following is not true about process layouts when they are compared to product layouts?

• A) Lower maintenance costs
• B) Easier routing and scheduling
• C) Less investment in spare parts
• D) Less specialized equipment
• E) All of the choices are true

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Definitions:

Opportunity Cost

The cost of the next best alternative foregone when making a decision.

Production Possibilities Frontier

A graph that shows the combinations of two goods that an economy can produce using all available resources and technology efficiently.

Constant

A value or factor that does not change in mathematical expressions or experiments, representing stability within a specified context.