Using Technology Such as Robots and Computer-Controlled Machinery to Shift

question 57

Multiple Choice

Using technology such as robots and computer-controlled machinery to shift from mass production to custom order manufacturing is referred to as

• A)computer integrated manufacturing (CIM).
• B)lean manufacturing.
• C)Six Sigma.
• D)computer-aided design (CAD).

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Definitions:

Securities Act

U.S. legislation enacted in 1933 that regulates the sale of securities to the public, requiring disclosure of significant information.

Publicly Held

Describes a company whose shares are traded openly on stock exchanges and can be purchased by the general public.

Securities Act

A U.S. law enacted in 1933 that requires the disclosure of significant financial information by companies offering securities (stocks, bonds) for public sale.

Exempt

To be free or released from an obligation, rule, or requirement typically imposed on others.