Which Approach to Capacity Management Would Use Production Machinery That

question 51

Multiple Choice

Which approach to capacity management would use production machinery that can be changed easily from producing one product to another?

• A)Time flexibility from workforce
• B)Use of subcontracting
• C)Use of dual facilities-dedicated and flexible
• D)Designing product flexibility into the production processes

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Definitions:

Capital Balance

The amount of money invested in a business by its owners or shareholders, reflected in the company's balance sheet.

Revenue Accounts

These accounts track the income earned by a company from its sales or services before any deductions are made.

Expense Accounts

Accounts used to track money spent or costs incurred by a business in its operational activities.

Capital Accounts

Accounts that represent the ownership interest of investors in a company or partnership's total capital.