Which of these statements about recent trends in operations and supply chain management is best?
A) A lower level of competition exists thanks to an increased level of globalization.
B) The rate of change in markets is actually lower once inflation is factored in.
C) Managers tend to make decisions with less information than they used to.
D) Customers demand for standardization in goods and services has increased.
Answer: C
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The ________ is a rule which states that if an engagement is broken off, the person who was given the engagement ring must return the ring, regardless of which party broke off the engagement
A) fault rule B) objective rule C) pro se rule D) abatement rule
Use the information in Table 10.10. What is the average flow time (in days) using the EDD rule?
A) fewer than or equal to 10 days B) greater than 10 days but fewer than or equal to 20 days C) greater than 20 days but fewer than or equal to 30 days D) greater than 30 days