What are two ways a process manager can identify a bottleneck in a service or manufacturing process? If you were in a manufacturing firm, what physical cues would signal a bottleneck?
What will be an ideal response?
A workstation in a process is a bottleneck if (1 ) it has the highest total time per unit processed, or (2 ) it has the highest average utilization and total workload. Generally, the bottleneck has a pile of materials in front of it waiting to be processed.
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According to critics, large marketing companies use patents and heavy promotion spending to ________
A) acquire smaller companies B) offset too many social costs C) prevent industry competition D) achieve economies of scale E) offset cultural pollution
Money orders are considered cash
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
According to the “big bath theory,” when firms disclose bad news, there is a positive response by the market because the firm has recognized in the financial statements that a major problem exists and is moving to redress the problem.
The owners of a corporation are known as:
a. officers. b. shareholders. c. directors. d. members. e. None of the above