Capacity Can Be Defined as the Amount of Available Resource

question 48

True/False

Capacity can be defined as the amount of available resource inputs relative to requirements for output over a particular period of time.

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Definitions:

Breach Of Warranty

occurs when a promised statement of fact about a product or service is not true or is violated.

Limited Period

A specific, fixed amount of time during which something is operational, valid, or applicable.

Letter Of Credit

A written instrument, usually issued by a bank on behalf of a customer or other party, in which the issuer promises to honor drafts or other demands for payment by third parties in accordance with the terms of the instrument.

Contractual Conditions

Stipulated provisions or clauses that define the obligations, rights, and roles of the parties involved in a contract.