What is a cellular layout and what are its advantages?
What will be an ideal response?
Answer: A cellular layout is a type of layout typically used in group technology settings; resources are physically arranged according to the dominant flow of activities for the product family. Group technology is achieved when clusters of machines and/or personnel are dedicated to the production of products (or service of customers) that are similar. A cellular layout reduces transportation and congestion on the production floor.
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Organizations around the globe are increasingly looking toward the formation of teams of workers as a solution to ______ problems.
A. team-based management B. productivity C. privatization D. downsizing
The main advantage of a distribution network with local storage is that it can lower the delivery cost and provide a faster response than other networks
Indicate whether the statement is true or false.
Revenue expenditures are also called balance sheet expenditures.
Answer the following statement true (T) or false (F)
A continuation statement will continue the effectiveness of a financing statement for five years.
Answer the following statement true (T) or false (F)