Some of the Suggestions for a Good Layout for Manufacturing

question 27

Multiple Choice

Some of the suggestions for a good layout for manufacturing and back-office operations include which of the following?

• A)Backtracking kept to a minimum
• B)Plenty of interstage materials storage to avoid starving downstream workstations
• C)Workstations separated so operators don't spend time socializing
• D)Adequate waiting facilities
• E)None of these

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Definitions:

GAAP

Generally Accepted Accounting Principles; a set of accounting standards, principles, and procedures that companies must follow when compiling their financial statements in the U.S.

Convertible Bonds

Bonds that can be converted into a predetermined number of a company’s shares at certain times during their life, usually at the discretion of the bondholder.

Diluted Earnings Per Share

A metric that calculates the quality of earnings per share (EPS) if all convertible securities were converted into common stock, indicating the potential dilution that could occur.

Diluted EPS

Earnings per share calculated under the assumption that all convertible securities and options have been converted into additional shares, potentially lowering the EPS.