Two Important Criteria for Selecting and Designing a Production Layout

question 93

Multiple Choice

Two important criteria for selecting and designing a production layout are:

• A) worker effectiveness and material handling costs.
• B) worker effectiveness and maximum visibility.
• C) space use and proximity to raw materials.
• D) material handling costs and overall convenience factors.

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Definitions:

Business Cycle

Fluctuations in economic activity, such as employment and production

Stabilization Policy

Government strategies aimed at reducing economic volatility and maintaining stable economic growth, including measures such as fiscal and monetary policy adjustments.

Economists

Professionals who study the production, distribution, and consumption of goods and services, often analyzing economic issues and policies.

Lags

Delays between the initiation of a policy or action and its effects or outcomes.