To achieve the goals of inventory management, operations managers should ask this: ______?
A. How much inventory should we order or produce
B. What products should we offer
C. At what price should we offer a product
D. What level of quality should we offer
A. How much inventory should we order or produce
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A company, which has its headquarters in Japan, has branches in the United States. A Pakistani manager works in a facility in the United States. In this scenario, Japan is the ________ country, and Pakistan is the ________ country.
A. parent; third B. expatriate; host C. third; first D. host; guest E. parent; host
Labor costs that are clearly associated with specific units of product because the labor is used to convert raw materials into finished products are called:
A. All labor. B. Direct labor. C. Indirect labor. D. Contracted labor. E. Finished labor.
In a standard normal distribution, the probability that Z is greater than zero is
a. 0.5. b. equal to 1. c. at least 0.5. d. 1.96.
A bag manufacturing company had suffered financial losses due to overestimation of demand, which led to overproduction. Which of the following software can help the company prevent such situations in the future?
A) sales force optimization software B) supply chain planning software C) manufacturing execution system D) customer relationship management software