Specialized design firms tend to have highly developed processes that support the needs of particular industries.
Answer the following statement true (T) or false (F)
True
Companies that specialize in the design of products have highly developed processes to support the activities needed for an industry.
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If the exchange rate is $0.01 per yen in New York and $0.015 per yen in Tokyo, then an arbitrager could profit by buying yen in Tokyo and simultaneously sell them in New York.
a. True b. False
The highest levels of situational favorability most likely occur when
A. there are high levels of leader-member conflict, the task is unstructured, and the leader uses reward power. B. leader-member relations are good, the task is unstructured, and position power is low. C. leader-member relations are good, the task is structured, and position power is high. D. there are high levels of leader-member conflict, the task is structured, and the leader uses coercive power.
Answer the following statements true (T) or false (F)
1. Computer software programs are used to solve layout problems as they guarantee optimal solutions. 2. ABC analysis is a tool for analyzing and designing processes. 3. A route sheet is an excellent communication tool because it shows the profit margin on the order. 4. A hexagon is one of the symbols usually used in a process chart. 5. A process chart shows costs and points of indifference.
In most waiting line models, customers are assumed to arrive at random intervals, based on a normal distribution
Indicate whether the statement is true or false.