Answer the following statement(s) true (T) or false (F)
1. A process-focused layout is likely to lead to lower WIP inventories.
2. A project layout often involves frequent movement of the product during its assembly.
3. Kanban refers to the material movement or production signal or card in the TPS.
4. The term lean production originated at Toyota.
1. False
2. False
3. True
4. False
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Once Starbucks established its presence in thousands of cities internationally, the company sought to increase the number of purchases by existing customers with a ________ strategy that led to new in-store merchandise, including compilation CDs, and
high-speed wireless access. A) product-development B) market-penetration C) diversification D) market-development E) conglomerate
An example of a step-fixed cost would be:
a. the cost of factory insurance because the insurance company increased the premium. b. the cost of supervision since a second supervisor was added to oversee the new second shift. c. depreciation of equipment because it is computed on the units of production method. d. utility costs because it costs more to heat the building in the winter.
When a company is not environmentally friendly, ______.
A. investors will seize the opportunity to invest more B. investors are very unlikely to make investments C. it will enjoy a greater market share D. consumers will definitely prefer to buy its products
Brooklyn wants more from her employer, but her boss won’t budge on salary. She decided to brainstorm some other perks that she could ask for. Maybe she could ask to work from home oneday/week, or get increased vacation time, or receive an “education” budget for books and conferences? Which concept from the textbook describes Brooklyn’s approach?
a. Creative b. Innovative c. Original d. Visionary