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Primary Components That Manufacturers Would Use to Evaluate Suppliers Under

question 135

Multiple Choice

Primary components that manufacturers would use to evaluate suppliers under a just-in-time system would include all of the following EXCEPT


Definitions:

Marginal Costs

The incremental cost involved in producing one more unit of a product or service.

Learning Curve

The concept that people improve efficiency and decrease cost over time as they gain experience in a particular task or operation.

Marginal Productivity

The additional output that is produced by using one more unit of a particular input while keeping other inputs constant.

Marginal Cost

The additional expense incurred from producing and selling one more unit of a good or service.

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