Longer Manufacturing Cycle Times Results in ________

question 81

Multiple Choice

Longer manufacturing cycle times results in ________.

• A) lower revenues and higher inventory carrying costs
• B) higher opportunity costs and low profit margins
• C) lower opportunity costs and high profit margins
• D) higher revenues and lower inventory carrying costs

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Definitions:

John Marshall

The fourth Chief Justice of the United States (1801–1835), who played a significant role in establishing the power of the Supreme Court.

National Government

The government of a nation-state, responsible for the administration and governance of the country as a whole, in contrast to regional or local governments.

Unfunded Mandates

Regulations or conditions for receiving grants imposed by the federal government on state and local governments or on private entities, often without providing accompanying funding.

General Revenue Sharing

A federal program in the United States (1972-1987), which provided state and local governments with unrestricted funds to be used at their discretion for a wide range of public purposes.