The par value of stock is an arbitrary amount assigned to each share of stock

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.

The work measurement technique that breaks down tasks into a series of generic micro-motions is the:

A) time study method. B) elemental standard data approach. C) predetermined data approach. D) work sampling method.