Which of the Following Is the Term That Represents the Costs

question 3

Multiple Choice

Which of the following is the term that represents the costs of preparing machinery for each production run?

• A)production costs.
• B)setup costs.
• C)discretionary costs.
• D)sunk costs.

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Definitions:

Breakdown Costs Model

A model that analyzes the costs associated with equipment or system failures, including repair, loss of productivity, and impacts on downstream processes.