Materials, Energy, Information, Management, Technology, and Labor That Are Needed

question 65

Multiple Choice

Materials, energy, information, management, technology, and labor that are needed to create a product are known as

• A) facilities layout design.
• B) process.
• C) inputs.
• D) outputs.

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Definitions:

Default Risk Premium

The additional amount a borrower must pay to compensate the lender for assuming the risk of default.

Pure Interest Rate

The earning power of money. An interest rate without an inflation component or premiums for risk.

Inverted Yield Curve

A rare financial situation where long-term debt instruments have a lower yield than short-term debt instruments of the same credit quality.

Short-Term Interest Rates

Interest rates applicable on loans or financial instruments that are due for payment within a short timeframe, typically less than one year.