Identify nine areas of technology that enhance production and productivity
What will be an ideal response?
1. machine technology, 2. automatic identification systems (AIS), 3 . process control, 4. vision systems, 5. robots, 6. automated storage and retrieval systems (ASRSs), 7. automated guided vehicles (AGVs), 8. flexible manufacturing systems (FMSs), and 9. computer-integrated manufacturing (CIM)
Business
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The degree of operating leverage will increase if a firm decides to compensate its sales representatives with a fixed salary and bonus rather than with a pure percent-of-sales commission
Indicate whether the statement is true or false
Business
Explain the advantages and disadvantages of automating a process
What will be an ideal response?
Business