Which of the following statements regarding the "sales era" is true?
A. The emphasis was on producing.
B. A central business problem was the decision of where to put the company's effort.
C. It followed the marketing department era.
D. More production capability was available than ever before.
Answer: D
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________ refers to the activities involved in selling products or services directly to final consumers for their personal, nonbusiness use
A) Sole sourcing B) Retailing C) Manufacturing D) Procurement E) Warehousing
A target price is an estimate of a price for a product or service that potential customers will be willing to pay
Indicate whether the statement is true or false
Utilization will always be lower than efficiency because:
A) effective capacity is less than design capacity. B) effective capacity is greater than design capacity. C) effective capacity equals design capacity. D) expected output is less than actual output. E) expected output is less than rated capacity.
______ charts show the loads on various work centers, equipment, or facilities as well as the associated idle times.
a. Gantt load b. Gantt schedule c. Gantt sequence d. Gantt output