Which One of the Following Is Not Common to Repetitive

question 141

Multiple Choice

Which one of the following is not common to repetitive and product-oriented layouts?

• A) a high rate of output
• B) specialization of labour
• C) ability to adjust to changes in demand
• D) low unit costs
• E) reduced work in process inventory

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Definitions:

Premium

A sum paid periodically to the insurer by the insured for covering their risk.

Potential Loss

A hypothetical amount of money that a business or individual could lose in the future due to risks.

Risk

The potential for losing something of value or for an undesirable outcome, often assessed in decisions involving finance, safety, and health.

Known Factors

Elements or conditions that are clearly understood or recognized in a given context or analysis.