Group Technology Requires That

question 126

Multiple Choice

Group technology requires that:

• A) each component be identified by a coding scheme that specifies size, shape, and the type of processing.
• B) a specific series of engineering drawings be prepared.
• C) all bills of material be prepared using the same format.
• D) engineering change notices be linked to each of the bills of material and engineering notices.
• E) the final products be standardized.

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Definitions:

Equity Share

A share of ownership in a company, which entitles the shareholder to a claim on part of the company's assets and earnings.

Private Debt

Debt financing obtained from private sources rather than through a public market, often used by companies for growth or as an alternative to bank loans.

Financial Strength

A measure of a company or individual's ability to manage their debts and meet financial obligations.

Canada

A country in North America known for its vast landscapes, multicultural heritage, and strong economy.