From a Balanced Scorecard Perspective,average Reduction in Setup Time and Processing

question 56

Multiple Choice

From a balanced scorecard perspective,average reduction in setup time and processing time at bottleneck operations is an example of ________.

• A) financial measures
• B) customer measures
• C) internal-business-process measures
• D) learning-and-growth measures

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Definitions:

Marginal Cost

The rise in expenses for producing one more unit of a product or service.

Efficient Amount

The level of production or consumption that maximizes welfare and minimizes waste within an economy, often used in reference to optimal resource allocation.

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is a major component of the carbon cycle.

Public Goods

Goods that are non-rivalrous and non-excludable, meaning they can be used by everyone without preventing others from using them too.