The Main Issue in the Design of Process Layouts for Service

question 58

Multiple Choice

The main issue in the design of process layouts for service operations concerns the relative positioning of

• A)workstations.
• B)processing components.
• C)departments.
• D)entrances, loading docks, etc.
• E)manufacturing cells.

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Definitions:

Preferred Share

Equity shares in a corporation, which provide dividends to its holders before dividends are distributed to common shareholders, and typically have no or restricted voting rights.

Specific Dividend

A dividend paid out in forms other than cash, such as stocks or other assets, to shareholders.

Par-value Share

A type of stock with a nominal face value that companies define in their corporate charter.

Debenture

An acknowledgment of debts by a corporation normally involving more than one creditor; often used interchangeably with “bond,” but whereas a bond is typically secured against a specific asset, a debenture may be unsecured or secured by a floating charge against inventory.