Production involves converting inputs into outputs. Which of the following is NOT considered an input?
A) raw materials
B) machinery
C) inventory
D) human resources

Name: Production involves converting inputs into outputs. Which of the following is NOT considered an input? A) raw materials B) machinery C) inventory D) human resources
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory is not considered an input in production as it is the end result of the production process, not an input used to create the output.

Production Involves Converting Inputs into Outputs