The major factor increasing the complexity of the business environment is the:
A. addition of competitors.
B. globalization of markets.
C. increased barriers to entry.
D. reduced number of suppliers.
E. increased number of suppliers
B. globalization of markets.
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Which hotel segment is most likely to employ a market niche strategy?
a. economy b. luxury c. extended stay d. all suites
The international product structure eliminates the duplication of product and area specialists.
Answer the following statement true (T) or false (F)
Which of the following is used for long-term purchases on multiple dates over a period of time?
a. blanket purchase order b. standard purchase order c. planned purchase order d. electronic purchase order
Daily usage of an assembly is 100 in a facility that operates 300 days of the year. Setup cost is $5 and annualized carrying cost is $160. Production of this assembly occurs at the rate of 400 per day when production of the assembly is underway
Lead time is 3 days; safety stock is 1/2 day's production. What is the optimum kanban size, and number of kanbans?