Answer the following statement(s) true (T) or false (F)
1. Production processes are matched to the product by considering desired production volume and the variety of goods/services that customers desire.
2. It is possible for a company to design processes that allow for both high volume and product variety.
3. As process volume increases, product customization options also tend to increase.
4. Make-to-order products typically have a lower cost per unit than assemble-to-order products.
1. True
2. True
3. False
4. False
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Which of the following qualifies as a capital lease?
A) Four-year cancelable lease on a company vehicle. B) One-year lease on a computer with an option to renew for one more year. C) Five-year lease on a machine that has a five-year useful life. D) Monthly lease on office space that can be canceled with 30 days' notice.
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a. true b. false
The basic approaches to mass customization include all of the following except
A. cosmetic. B. collaborative. C. adaptive. D. transparent. E. concurrent.
Developing a new product, hiring a new employee, and fulfilling an order are examples of business processes
Indicate whether the statement is true or false