Describe the key differences between make-to-order, make-to-stock, and assemble-to-order processes. Provide at least one example of each type of process.
What will be an ideal response?
A successful answer will present differences in processes as described in the textbook. Students may give examples directly from the textbook or may provide other relevant examples.
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One night, when Henry got home and flipped on the light switch, the kitchen exploded, leaving him severely injured. The explosion was caused by a failure of the gas connector, which allowed a large amount of gas to escape, and a small spark created by turning on the light caused it to explode. Henry sued the gas corporation, arguing that it knew the connector was defective but it did not warn its customers. Henry won the case. He is most likely to have won the lawsuit on the grounds of:
A. strict liability. B. breach of duty. C. recklessness. D. negligence per se.
In the context of market planning, it is advisable to view the potential market as a homogeneous market irrespective of the different needs and demands of the smaller niche markets
Indicate whether the statement is true or false
________ is the amount of time between the recognition that an order needs to be placed and the point at which the merchandise arrives in the store and is ready for sale.
A. Delivery rate B. Service level C. Order time D. Fill rate E. Lead time
Which of the following is a typical disadvantage associated with employee referral?
A. Cliques may develop within an organization. B. New ideas and innovations may be stifled within an organization. C. It limits employees' participation in the recruitment process. D. It is suitable only for short-term jobs.