Methods Analysis Focuses On

question 240

Multiple Choice

Methods analysis focuses on:

• A) the design of the machines used to perform a task.
• B) establishing time standards.
• C) reducing the number of skills needed for the completion of a task.
• D) issues such as the movement of individuals or material.
• E) evaluating training programs to see if they are efficient.

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Definitions:

Average Operating Assets

A metric calculated as the average value of the assets involved in generating operating income over a specific period.

Net Operating Income

A measure of a company's profitability from its regular business operations, excluding deductions of interest and taxes.

Gross Margin

The difference between revenue and cost of goods sold, used to cover other expenses and profits.

Sales

The total amount of goods or services sold by a company within a specific period.