Natalie Has Been Asked by Her Project Manager to List

question 135

True/False

Natalie has been asked by her project manager to list the possible intangible benefits for a new system. Her list will include reduced expenses for the company.

---

Definitions:

Joint Production Process

A joint production process is a manufacturing activity that simultaneously produces multiple products from a common input or set of inputs.

Split-off Point

The stage in a production process where joint products are physically separated and can be further processed or sold.

Processed Further

Processed Further describes materials or products that undergo additional manufacturing or development stages to add value before final sale.

Manufacturing Cycle Efficiency

A measure of the efficiency of the production process, calculated as the ratio of value-added time to the total cycle time.