Answer the following statement(s) true (T) or false (F)
1. External setups do not require the retraining of employees.
2. In determining the correct number of Kanban containers, a relevant consideration is the cost of storage of the finished product.
3. Reducing sustainability is the result of reducing inventory and its locations.
4. The cost of services that are delivered is a factor that makes it easier to implement lean in a service delivery system.
5. One of the principles a service operation should follow to create a lean system is to design the process to meet customer requirements.
1. False
2. False
3. False
4. False
5. False
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In a two-variance system for analyzing factory overhead, a favorable production-volume variance could be caused by:
a. The top salesman leaving the company. b. Receiving more orders than anticipated. c. Receiving less orders than anticipated. d. A work slow-down by workers.
Once a company has conducted exploratory research and reviewed the resulting data, its next step is most likely which of the following?
A) conduct descriptive research B) calculate the representative sample size C) identify secondary data sources D) select a primary data collection method E) conduct qualitative research
The text suggests that a channel captain should be a
A. market-oriented producer. B. large retailer. C. strong wholesaler. D. Any of these-whoever can provide leadership-might be a channel captain.
The SWIFT System is an electronic network to handle for the exclusive transmission of international banking transactions and regulated by the World Bank
Indicate whether the statement is true or false