A Job Order Production System Would Be Appropriate for a Company

question 151

Multiple Choice

A job order production system would be appropriate for a company that produces which one of the following items?

• A) A landscaping design for a new hospital.
• B) Seedlings for sale in a nursery.
• C) Sacks of yard fertilizer.
• D) Packets of flower seeds.
• E) Small gardening tools, including rakes, shovels, and hoes.

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Definitions:

Utilities Possibilities Frontier

A curve depicting all possible allocations of goods and services that maximize two or more parties' utility under a given condition.

Utilities Possibilities Frontier

A graph that shows the maximum satisfaction levels of two or more agents in an economy based on the allocation of resources.

Marginal Utility

The change in satisfaction or utility an individual gains from consuming an additional unit of a good or service.

Efficient

The quality of achieving maximum productivity with minimum wasted effort or expense.