Which of the following is a common consequence of implementing JIT in an MRP II/CIM environment?

A) Increase in setup costs
B) Reduction in the size of each production lot
C) Longer lead time needed to schedule production
D) Increase in buffer stocks of raw materials

Answer: B

Business

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A differentiation strategy has the most success when which of the following are true?

a. The differentiation is easy for rivals to imitate. b. The differentiation is based on service rather than product innovation. c. The differentiation is expensive for rivals to imitate. d. The differentiation is hard for rivals to imitate.

Business

With the survey method of obtaining information respondents are asked a variety of questions regarding their behavior, intentions, attitudes, awareness, motivations, and demographic and lifestyle characteristics

Indicate whether the statement is true or false

Business