In the Early 1900s,Henry Ford Revolutionized the Automotive Manufacturing Industry

question 115

Multiple Choice

In the early 1900s,Henry Ford revolutionized the automotive manufacturing industry by instituting the assembly line.What impact did the assembly line method for producing automobiles have on the per-worker production function for Ford?

• A)It became flatter.
• B)It shifted up.
• C)It shifted down.
• D)It became linear.

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Definitions:

Office Expense

Costs related to the day-to-day operations of an office, including supplies, utilities, and administrative salaries.

Total Cost

The complete amount of expenses incurred by a business or individual in the production or acquisition of a good or service.

Manufacture Units

The individual items or goods produced by a manufacturing process.

High-low Method

A way of attempting to understand cost behavior by analyzing the difference in cost between the highest and lowest volume levels.