High-volume and automated processes most closely align with which combination of operations and firm strategies?
a. Facility Location, Customer Service
b. Purchasing, Quality
c. Process Design, Cost
d. Product Design, Quality
c. Process Design, Cost
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Indicate whether the statement is true or false
When a firm changes to a JIT operating and management philosophy,
a. it attempts to increase the number of suppliers it has for each item it uses to ensure a reliable flow of materials into the production process. b. it seeks out the lowest-cost bidder for supplies in order to minimize costs. c. it works more closely with fewer suppliers. d. all of these are correct.
An entrepreneur who lacks the skillset to get the job done could suffer from ______.
a. deviance b. inattention c. lack of ability d. uncertainty
A table of random numbers must be ________ distributed, efficiently generated, and absent of patterns
Fill in the blank with correct word.