Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 11, 2024

The rapid, low - cost production of goods and service to satisfy increasingly unique customer desires. It combines the flexibility of a process focus with

The rapid, low

-

cost production of goods and service to satisfy increasingly unique

customer desires. It combines the flexibility of a process focus with the

efficiency of a product focus. This statement describes.

.

mass production

.

mass communication

.

mass customization

.

mass commercialization

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

Recommended Textbook for

Operations Management Processes and Supply Chains

Authors: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman

12th edition

134741064, 9780273766834, 027376683X, 9780273766940, 273766945, 9780273766841, 273766848, 978-0134741062

More Books

Students also viewed these General Management questions

Question

★★★★★

Nine employees were part of a mass layoff that included all of a lumber plants 130 unionized employees. The layoff began on September 26, 2006. In October 2006, the nine employees were briefly called...

Answered: 1 week ago

Question

★★★★★

A builder is offered one of two methods of payment: Option 1: A single sum of $73 000 to be paid now. Option 2: Five equal payments of $15 000 to be paid quarterly with the first instalment to be...

Answered: 1 week ago

Question

★★★★★

Define potential output. Is it possible for an economy to produce an amount greater than potential output? Explain. LO3

Answered: 1 week ago

Question

★★★★★

On July 1, 2014, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Dobbs Co., journalize and post the entry on...

Answered: 1 week ago

Question

★★★★★

The rapid, low - cost production of goods and service to satisfy increasingly unique customer desires. It combines the flexibility of a process focus with the efficiency of a product focus. This...

Answered: 1 week ago

Question

★★★★★

3. Integrity (8 marks): (a) (2 marks) You are looking to implement a secure short message service, where each mes- sage is signed with RSA using a 2048-bit public modulus. Is the use of this...

Answered: 1 week ago

Question

★★★★★

This case study features a B2B service used for managing and tracking social media updates. It illustrates success factors for an agile startup business developing into a profitable mature business...

Answered: 1 week ago

Question

★★★★★

1. Construct a diagram to show the loss of consumer surplus in a monopoly/ collusive oligopoly. 2. Explain why a government may intervene in this situation. (Make sure to identify the different...

Answered: 1 week ago

Question

★★★★★

Sage and Onion are trading in partnership, sharing profits and losses equally. Interest at 5% per annum is allowed or charged on both the capital account and the current account balances at the...

Answered: 1 week ago

Question

★★★★★

Police Corporation acquired 100 percent of Station Corporations voting shares on January 1, 20X3, at underlying book value. At that date, the book values and fair values of Stations assets and...

Answered: 1 week ago

Question

★★★★★

For the semi-circular, three-hinged arch $A B C$, shown in Figure P12.23, construct the influence lines for reactions at $A$ and $C$, and shear, axial load and moment at $F$. A uniform live...

Answered: 1 week ago

Previous Question Next Question