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JulijaS [17]
4 years ago
5

In a Process-oriented layout work centers are arranged to minimize the costs of material handling. The basic cost elements for o

ptimizing material handling costs are: a. material costs and labor costs b. number of loads and distance the loads move between the work centers c. setup time and run time at the work centers d. number of shifts and number of working days during the week
Business
1 answer:
emmainna [20.7K]4 years ago
3 0

Answer:

Number of loads and distance the load move between the work centers.

Explanation:

A process oriented layout is a method employed by manufacturing companies. It is utilized by companies that manufacture their products in large quantities.

This method is use to organise the work stations on the basis of the different activities carried out by the workers in each station.

The advantages of process oriented layout method include:

- It does not involve a high rate of investment.

- It allows for proper supervision of workers.

- There is room for continous production.

- The equipments in the production process are fully utilized.

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Applying the concept of marginal costs, how would you, as a business owner, decide how much to produce?.
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<h3>What is marginal cost?</h3>

The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.

According to the law of declining marginal utility, as consumption increases, the marginal utility obtained from each extra unit decreases.

Marginal cost is an important concept in economic theory because a corporation seeking to maximise profits will produce until marginal cost (MC) equals marginal revenue (MR) (MR). After then, the cost of creating an additional item will outweigh the money generated.

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Explanation:

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