Computers Used to Facilitate the Company's Achievement of Its Objectives,but

question 51

Multiple Choice

Computers used to facilitate the company's achievement of its objectives,but not part of the final product would be BEST described as:

• A) OEM parts
• B) Component parts
• C) Accessory equipment
• D) Raw materials
• E) Subassembly

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Definitions:

Throughput Time

The total time taken for a product to be completed from start to finish, including processing, waiting, and transport times.

Turnover

A measure of how quickly assets, such as inventory or investments, are converted into sales or revenue within a given period.

Investment Opportunity

A situation where an individual or company can invest in a project or asset with the expectation of generating a favorable return.

Manufacturing Cycle Efficiency (MCE)

A metric that measures the efficiency of the manufacturing process, specifically the proportion of value-added time to total production time.