An extremely large machine for producing sheet metal from steel ingots would be classified as which type of support goods?
A)installations
B)production goods
C)supplies
D)services
E)raw materials

Question

Quizplus · Accepted Answer

Installations refer to large and expensive capital items used in the production process, such as buildings, heavy equipment, and machinery. The extremely large machine for producing sheet metal from steel ingots falls under this category. Production goods are items used in the production process, but they are not as large and expensive as installations. Supplies are consumables used in the production process, such as lubricants and cleaning materials. Services are intangible products that may support production, such as repair and maintenance services. Raw materials are the basic components used in the production process, such as steel ingots themselves.

An Extremely Large Machine for Producing Sheet Metal from Steel