Which Production Process Describes a Manufacturing Operation in Which Long

question 10

Multiple Choice

Which production process describes a manufacturing operation in which long production runs generate finished products over a period of time?

• A)Continuous
• B)Intermittent
• C)Customized
• D)Periodic

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Definitions:

Compounds Interest Continuously

A method of calculating interest where the interest earned is added to the principal so that the next interest calculation is on the sum of the principal plus previously earned interest.

Compounded Continuously

The process of calculating interest in which the earnings are reinvested and earn additional interest continuously over time.

Rule Of 72s

A shortcut to estimate the number of years required to double the invested money at a given annual rate of return.

Compounds Interest Annually

The calculation of interest on the initial principal, which also includes all accumulated interest from previous periods on a loan or deposit, done once a year.