What Is the Only Allocation Used Regularly in a Value

question 45

Multiple Choice

What is the only allocation used regularly in a value stream cost assignment?

• A)facilities
• B)depreciation
• C)maintenance
• D)setup costs

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Definitions:

Lawsuit

A legal action brought in a court by a plaintiff against a defendant, typically seeking compensation for some form of harm or enforcement of a right.

Common Property Resource

Resource to which anyone has free access.

Efficient Use

Utilization of resources in such a way that maximizes the production of goods and services at lowest cost.

Coase Theorem

A principle stating that if trade in an externality is possible and there are no transaction costs, bargaining will lead to an efficient outcome regardless of the initial allocation of property.