Common Characteristics of the Point Method Include All of the Following

question 53

Multiple Choice

Common characteristics of the point method include all of the following EXCEPT:

• A)benchmark factor classes.
• B)numerically scaled factor degrees.
• C)factor weights.
• D)compensable factors.

---

Definitions:

Labour Forecasting

The process of estimating the future demand for and supply of labor, helping organizations plan their workforce requirements.

Establishing Costs

Establishing Costs involves determining the expenses associated with the production, operation, or provision of a service.

Scheduling

The process of arranging, controlling, and optimizing work and workloads in a production process or manufacturing process.

Log-Log

A logarithmic scale used on both the x-axis and y-axis of a graph, often to display data covering a wide range of values.