Complete the Following Using the Terms Listed

question 35

Multiple Choice

Complete the following using the terms listed.
-The third component of mass production,_____,involves producing uniform,interchangeable goods and parts.

• A)process layout
• B)LEED certification
• C)Gantt chart
• D)PERT chart
• E)Inventory control
• F)ISO
• G)critical path
• H)Computer-integrated manufacturing
• I)Utility
• J)perpetual inventory
• K)Materials requirement planning
• L)standardization
• M)Routing
• N)assembly line
• O)robot
• P)just-in-time
• Q)benchmarking
• R)synthetic production system
• S)make,buy,or lease decision

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Definitions:

Marginal Subcontracting Cost

The additional cost incurred for outsourcing a unit of production or service beyond the regular capacity or capability of the business.

Layoff Cost

The expenses associated with terminating employees, including severance pay, benefits continuation, and costs associated with changing the workforce.

Hiring And Training Cost

Expenses associated with recruiting, hiring, and training new employees, including advertising, interviewing, and educational materials.

Labor Hours

The number of work hours spent by employees on a particular job or task over a specified period.