An Organization That Produces a Few Products by Continuously Feeding

question 129

Multiple Choice

An organization that produces a few products by continuously feeding raw materials through a highly-automated production system with largely computerized controls is using ___ technology.

• A) continuous-process production
• B) mass production
• C) intensive
• D) supplier-linked
• E) long-linked

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Definitions:

Net Present Value Method

A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the present value of expected future cash flows.

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period of time.

Rate of Return

This is a measure of the profitability of an investment, calculated as a percentage of the original investment.

Initial Investment

The amount of money used to start a project, purchase assets, or establish a business operation.