The Only Allocation Used Regularly in a Value Stream Cost

question 125

Multiple Choice

The only allocation used regularly in a value stream cost assignment is

• A)facilities.
• B)depreciation.
• C)maintenance.
• D)setup costs.

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Definitions:

Overly Simplistic

Overly simplistic refers to an explanation, model, or approach that fails to consider the complexity or nuances of the subject matter, leading to a superficial understanding.

Thurstone

Louis L. Thurstone is known for his contributions to psychology, notably in the development of psychometrics and the theory of multiple intelligences.

Spearman

Charles Spearman, a psychologist known for his work in statistics and as the proponent of the g factor theory of intelligence.

General Intelligence

A term used to describe a person's overall mental capability, including the ability to reason, plan, solve problems, think abstractly, understand complex ideas, and learn quickly.