Frequent, likely, occasional, seldom, and unlikely are the five categories of probability in the Risk Assessment Matrix which means the likeliness that an adverse or critical event will occur. The purpose of Risk Assessment Matrix is to estimate the degree of severity and probability for each hazard.
Answer:
(B) functional
Explanation:
A functional team is a work team made with the same function skill. This team is responsible for the smooth execution of the function. The leader of the functional team is the member with knowledge, experience, and skills greater than the rest in the team.
Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
Answer:
supplier development engineers
Explanation:
Supplier development engineers develop techniques to eliminate wasteful production processes. Efficient processes are developed that integrates materials, information, workers, and machines to create a product.
Supplier development engineers also ensures that all materials provided by suppliers are in compliance with engineering and manufacturing specifications, and also meets company standards.
