4. Which of the following is internal rate of return project justification analysis ?A. Strategy. B. Discounted cash flow.C. Subjective. D. ABC analysis.5. Enhanced productivity of the workforce results from which of the following ?
. Elimination of complex process flows
. Reorganization of people and equipment to match product flow
. Specialization of worker assignmentsA. I and II only B. I and III onlyC. II and III only D. I, II, and III6. Which of the following manufacturing environment is the MOST expensive to increasecapacity ?A. Job shop. B. Project. C. Batch. D. Continuous.7. A focused factory is usually characterized by which two of the following ?
. Restricted product variety.
. Decreased attention to detail.
. Layout by function.
. Logical flow patterns.A. I and III B. I and IV C. II and III D. II and IV