Which of the Following Is FALSE Regarding Repetitive Processes

question 249

Multiple Choice

Which of the following is FALSE regarding repetitive processes?

• A) They use modules.
• B) They allow easy switching from one product to the other.
• C) They are the classic assembly lines.
• D) They have more structure and less flexibility than a job shop layout.
• E) They include the assembly of basically all automobiles.

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Definitions:

Tax

Compulsory financial charges or other types of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Producer Surplus

The differentiation between the accepted selling price by producers for a product or service and the final earning.

Consumer Surplus

The gap between what consumers are ready and financially able to spend on a good or service and what they actually spend.

Tax

An obligatory fee or some other type of financial imposition placed on a taxpayer by a government organization, designed to cover the cost of government activities and diverse expenditures in public services.