Complete the Following Using the Terms Listed Below

question 168

Multiple Choice

Complete the following using the terms listed below.
-______ is a voluntary program administered by the Canada Green Building Council aimed at promoting sustainable construction processes.

• 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:

Market Prices

The current value at which goods or services are bought and sold in a competitive marketplace.

Economic Growth

An increase in a country's output of goods and services over time, typically measured by the rise in real GDP, which enhances the economy's overall wealth and living standards.

Natural Resources

Materials or substances occurring in nature which can be exploited for economic gain.

Human Capital

The stock of competencies, knowledge, social and personal attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.