The reason companies decide to make parts rather than buy them is to
A) Lower production cost and ensures adequate supply
B) Avoid supplier collusion and reduces distribution conflicts
C) Protect intellectual property rights and reduces labor strikes
D) None of the above
Correct Answer:
Verified
Q27: A key decision to be made in
Q28: The process most often used by companies
Q29: Outsourcing is used by companies to
A) Create
Q30: Critical elements of TQM approach are
A) It
Q31: Six Sigma attempts to reduce defects to
Q33: To achieve lean manufacturing, companies have to
A)
Q34: Maintaining inventories helps companies to
A) Sell at
Q35: International companies maintain inventory to
A) Take advantage
Q36: Some of the costs associated with maintaining
Q37: Opportunity cost is defined as
A) The cost
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