Making Environmentally Sound Products Through Efficient Processes

question 125

Multiple Choice

Making environmentally sound products through efficient processes

• A) is unprofitable, as long as recyclable materials prices are soft.
• B) is known as lean manufacturing.
• C) can still be profitable.
• D) is easier for repetitive processes than for product-focused processes.
• E) is unrealistic.

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Definitions:

Profit Change

The difference in profit amounts between two periods, indicating an increase or decrease in profitability.

Unit Profit

The amount of income that derives from selling one unit of a product after deducting the unit cost of producing that product.

Decision Variables

The variables in a mathematical model that decision makers will seek to determine or control.

Optimal Values

The most favorable or efficient values that lead to the best outcome in a given situation or model.