Multiple choice- batch and mass production
Not what you're looking for?
1) A company is considering producing a product for a new market. The fixed costs required for manufacturing and delivering the product is $50,000. Labor and material costs are estimated to be approximately $25 per product. If the product is sold at $35 each, the firms breakeven volume would be:
a) 50,000 units
b) 5,000 units
c) 2,000 units
d) 1429 units
e) 500 units
2) As production systems move from projects to batch production to mass production to continuous production:
a) The resulting products becomes less standardized
b) Production systems become more capital incentive.
c) Production systems become less automated
d) Production systems become more flexible
e) None of the above
3) When cost per unit increases as volume increases, this is known as:
a) Economies of scale
b) Diseconomies of scale
c) Economies of scope
d) Best operating level
Purchase this Solution
Solution Summary
Multiple choice questions related to batch and mass production, economies of scale.
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
Recent Feedback
- "Thanks"
- "Thanks"
- "Very good! "
- "thanks"
- "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Motivation
This tests some key elements of major motivation theories.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.