________ is the difference between the sum of the revenue generated by the supply chain and the sum of the costs that all organizations in the supply chain incur to obtain that revenue
A) Supply chain sustainability
B) Supply chain compatibility
C) Supply chain profitability
D) Supply chain feasibility
C
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According to the text, a basic rule of research is to " ________."
A) examine primary data first B) examine secondary data first C) examine experimental data first D) examine virtual data first E) examine special data first
The test statistic used in the Wilcoxon matched-pairs signed-ranks test is ________
A) t B) chi-square C) alpha D) z
How can a company leverage economies of scale to its benefit?
What will be an ideal response?
The Southeast Manufacturing Company is producing two types of products: A and B
Demand forecasts for next year and other production-related information are provided in the following table: Product A Product B Demand forecast (units/yr) 4,000 12,000 Batch size (units/batch) 80 150 Processing time (hr/unit) 2.5 2.0 Setup time (hr/batch) 18 24 Both of these products are produced at the same workstation, called the Automatic Lathe. Currently, the company has 12 automatic lathes, and financial constraints prevent any expansion for the next year. It works 250 days per year with two 8-hour shifts and desires a 25 percent capacity cushion. Which one of the following alternatives will allow next year's demand to be fully covered? A) Do nothing. B) Increase the capacity cushion to 30 percent. C) Increase the batch size of product B to 300 units. D) Decrease the capacity cushion by 1 percent.