Zoro inc., a consumer electronics company, does not store any of its materials in the warehouse. instead, the company's procurement department orders small quantities of materials as and when they are required. the vendors supply the ordered material directly to the company's manufacturing unit a day or two before the production starts. this arrangement zoro inc. to reduce costs and boost efficiency. this scenario best illustrates . mass customization
b. crowdsourcing
c. just-in-time inventory management
d. continuous manufacturing systems
e. contract manufacturing
Answers: 3
Business, 22.06.2019 16:40
Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.
Answers: 1
Business, 22.06.2019 19:40
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
Business, 23.06.2019 00:00
Match each economic concept with the scenarios that illustrates it
Answers: 2
Business, 23.06.2019 00:10
The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
Answers: 3
Zoro inc., a consumer electronics company, does not store any of its materials in the warehouse. ins...
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