An Organization Decides to Improve Its Raw Material Handling Process

question 4

Multiple Choice

An organization decides to improve its raw material handling process by buying a material handling crane.This is an example of using ________.

• A)human resources
• B)automation
• C)statistical quality control
• D)flexible manufacturing
• E)fixed-position layouts

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Definitions:

Remittances

Remittances are funds transferred by foreign workers to their home countries, serving as a vital source of income for families and economies in many developing countries.

Gains From Immigration

The economic or social benefits that accrue to a country as a result of immigration, including increased labor force and cultural diversity.

Labor Force

Comprises all the working-age people in an economy who are employed or are actively seeking employment.

Explicit Cost

Direct payment made to others in the process of running a business, such as wages, rent, and materials.