Which of the Following Is TRUE Regarding Fabrication Lines

question 100

Multiple Choice

Which of the following is TRUE regarding fabrication lines?

• A) They are the same thing as assembly lines.
• B) They are the same thing as focused factories.
• C) They are a special type of process-oriented layout.
• D) They are usually machine-paced as opposed to worker-paced.
• E) They require completely different line balancing techniques than do assembly lines.

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Definitions:

Forward Rate

The agreed-upon exchange rate for a currency, security, or commodity to be delivered and paid for at a future date, used in forward contracts.

Zero-coupon Bonds

Bonds that are issued at a discount to their face value and do not pay interest during their life but are redeemed at full face value at maturity.

Coupon Rate

Yearly rate of interest on a bond, indicated as a percentage of its face value.

Maturity Bond

A fixed-income security that repays the principal along with interest at the end of a specified period.