In the production system model,all of the following would be considered inputs EXCEPT _____.
A) labor
B) machines and equipment
C) the finished product
D) raw materials
E) factors of production

Question

Quizplus · Accepted Answer

In the production system model, inputs are the resources that go into producing a product or service. Labor, machines and equipment, raw materials, and factors of production are all inputs. However, the finished product is the output of the production system, not an input.

In the Production System Model,all of the Following Would Be