Which of the following statements is true of the production chart of a business firm?
A)It focuses on the founding of a business.
B)It details each step that must occur within a production process.
C)It starts with the delivery to a customer and finishes with a final order being received.
D)It is different from a critical path chart in that all steps in a production process must occur simultaneously.

Question

Quizplus · Accepted Answer

The production chart of a business firm details each step that must occur within a production process. It shows the entire process from the beginning of production to its completion. It includes information about the raw materials, machinery, and labor required to complete each step of the process. It is a useful tool for managers to monitor the progress of production and identify any areas that need improvement.

Which of the Following Statements Is True of the Production