The process of assessing a company's ability to produce enough output to satisfy market demand is called ________

A) capacity planning
B) lean production
C) process management
D) product structure modeling

A

Business

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An experienced operations manager can tell at a glance whether an item should be classified as safety stock, anticipation inventory, or cycle stock

Indicate whether the statement is true or false

Business

Business environments and government requirements are becoming more complex. All of the following actions to manage this complexity would be appropriate EXCEPT

A) hiring more sophisticated and computer-savvy managers. B) deploying more sophisticated tools and technique. C) seeking new ways to avoid government compliance. D) avoiding expensive trial and error to find out what works.

Business