The Time Required to Get Equipment,tools,and Materials Ready to Start

question 139

Multiple Choice

The time required to get equipment,tools,and materials ready to start production is referred to as ________.

• A) setup time
• B) delivery time
• C) manufacturing-cycle time
• D) product design time

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Definitions:

Bailee

A person or entity who is given temporary possession but not ownership of a property under a bailment agreement.

Trucking Company

A business entity that specializes in the transportation of goods and materials over land, typically using large vehicles like trucks.

Merchant

An individual or business entity engaged in the sale of goods or services, often characterized by expert knowledge or the ability to deal in a particular commercial field.

Physical Possession

The actual holding or control of an object, property, or asset by an individual or entity.