Which of the Following Type of Process Is Most Likely

question 4

Multiple Choice

Which of the following type of process is most likely to be used by a manufacturing firm that produces a standardized product, not made of discrete parts, with little to no customization, and has a high volume of demand?

• A) Project
• B) Job shop
• C) Flow shop
• D) Continuous flow

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Definitions:

Top Group

The highest performing or most privileged segment within a defined category or population, often based on metrics such as income, achievement, or status.

Market Economy

An economic system where supply and demand from consumers drive the production of goods and services.

Income Distribution

How a nation’s total GDP is spread amongst its population, impacting the economic welfare of its citizens.

Relative Scarcity

Relative scarcity refers to the situation where a resource is limited in supply when compared to the demand for it.