What is mass customization?
What will be an ideal response?
Mass customization is rapid, low-cost production of goods and services that fulfill increasingly unique customer desires. It brings us the variety of products traditionally provided by the process focus, with low costs associated with standardized high volume production (the product focus).
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Saybrook Company purchased a machine on January 2, 2014. Under the terms of the purchase agreement, the company is required to make 14 quarterly installment payments of $23,000 each, beginning April 1, 2014. Assuming 16 percent interest compounded quarterly, determine the purchase price of the machine. Use future value and/or present value tables in calculating your answer
In a typical P.E.S.T analysis, which of the following examples is considered a political trend
affecting the market? A) increasing the interest rates on home and automobile loans issued by banks B) allowing incentives for automobile owners for trading their old gas-based cars for more fuel-efficient electric cars C) placing higher import tariffs on goods manufactured by a company based in a hostile country D) introducing flexible work schedules for employees with families and those who commute greater distances
Which sentence is punctuated correctly?
A) Chris researched, visited, and booked the location, Zach hired and supervised the caterers, and Stephanie ordered and sent the invitations. B) Chris researched, visited, and booked the location; Zach hired and supervised the caterers; and Stephanie ordered and sent the invitations. C) Chris researched, visited, and booked the location, Zach hired and supervised the caterers and Stephanie ordered and sent the invitations.
Budgets are usually prepared for five years in advance using quarterly figures.
Answer the following statement true (T) or false (F)