Question
10) Mike works as a corporate trainer, teaching new employees how to perform manufacturing tasks. In which value-chain activity does Mike work? a. Production b.
10) Mike works as a corporate trainer, teaching new employees how to perform manufacturing tasks. In which value-chain activity does Mike work?
a. Production
b. Research and development
c. Company infrastructure
d. Human resources
e. Materials management
11) Just-in-time inventory (JIT) systems:
a. | are used to reduce inventory holding costs. | |
b. | save costs by outsourcing inventory management to other companies. | |
c. | provide a buffer stock of inventory for a company. | |
d. | are used only by manufacturing firms. | |
e. | always keep extra inventory on hand for emergencies. |
20) Learning effects:
a. | tend to be more significant when simple steps in an assembly process are performed over and over again. | |
b. | lead to diseconomies of scale. | |
c. | result in unit manufacturing costs increasing by a certain amount each time output is increased. | |
d. | suggest that production costs increase because of increasing labor productivity. | |
e. | tend to be more significant when a technologically complex task is repeated. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started