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

---

Definitions:

Nonconforming Goods

Products that fail to meet the quality, specifications, or performance standards outlined in a purchase agreement.

Lost Profits

Refers to the potential earnings a business was unable to realize due to wrongful actions by another party.

Insolvent

A financial state where an individual or entity cannot meet their debts as they become due.

Down Payment

An initial upfront portion of the total amount due, typically in the context of purchasing expensive goods like cars or real estate, representing a fraction of the full price to reduce the loan amount.