-Using Figure 1

question 52

Multiple Choice

-Using Figure 1.5 above we know the production of 6 units of soda and 1 unit of pizza is

• A)possible, but there would be unemployed resources.
• B)possible, but only if all resources were fully employed.
• C)impossible because we have the resources but do not have the technology.
• D)impossible because we have the technology but do not have the resources.

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Definitions:

Remanufacturing

The process of restoring used products to a condition of high quality, ensuring they are fully functional and can be sold or used as if they were new.

Competitive Advantage

An attribute that enables an organization to outperform its rivals, generating greater sales or margins and retaining more customers.

Cellular Layouts

An arrangement in manufacturing where workstations performing similar processes are located close to each other to facilitate the flow of materials and minimize transportation time.

Teamwork

The joint endeavor of a team to reach a shared objective or finish a task in the most optimal manner.