Maintaining a Stable Workforce Working at a Constant Output Rate

question 4

Multiple Choice

Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory Levels,order backlogs and allowing lost sales is which of the following production planning strategies?

• A)Stable workforce,variable work hours
• B)Chase
• C)Level
• D)Full employment
• E)Skill maintenance

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Definitions:

Automatic Insertion Machine

A machine used in manufacturing to automatically place components onto printed circuit boards (PCBs).

Accountant

A professional who performs accounting functions such as audits or financial statement analysis.

Present Value Factors

Numeric factors used to calculate the present value of future cash flows, taking into account a specific discount rate.

Compound Interest

Interest that is computed not only on the initial amount of the loan or deposit but also on any interest that has been added to this amount from earlier periods.