Standardization is employed to squeeze out costs in manufacturing. Standardization may be achieved through standardization of
A) inputs.
B) work processes.
C) outputs.
D) both work processes and outputs.
E) inputs, conversion activities, and outputs.

Question

Quizplus · Accepted Answer

Standardization can be applied to inputs (such as raw materials or components), conversion activities (including work processes or methods), and outputs (the final products or services). By standardizing these aspects, a company can achieve greater efficiency, reduce variability, and lower costs.

Standardization Is Employed to Squeeze Out Costs in Manufacturing