What is a cellular layout and what are its advantages?
What will be an ideal response?
Answer: A cellular layout is a type of layout typically used in group technology settings; resources are physically arranged according to the dominant flow of activities for the product family. Group technology is achieved when clusters of machines and/or personnel are dedicated to the production of products (or service of customers) that are similar. A cellular layout reduces transportation and congestion on the production floor.
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Civil law comprises those federal and state statutes that prohibit wrongful conduct such as arson, rape, murder, extortion, forgery, and fraud
Indicate whether the statement is true or false
Which of the following financial ratios is the best measure of the operating effectiveness of a firm's
management? A) times interest earned B) operating efficiency quotient C) net profit margin D) operating return on assets