Shopbots Collect Price and Product Information from Multiple Electronic Vendors

question 40

True/False

Shopbots collect price and product information from multiple electronic vendors and provide it to consumers.

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Definitions:

Lead Time

The total time that elapses between the initiation and completion of a process, such as from placing an order to delivery of a product.

5Ss

refers to a workplace organization method that uses a list of five Japanese words: seiri, seiton, seiso, seiketsu, and shitsuke, translating to sort, set in order, shine, standardize, and sustain.

Kanban Size

Refers to the quantity of work or inventory items that a Kanban card or signal controls in a Kanban system, aiming to optimize workflow and reduce waste in a pull-based production system.

Setup Cost

The expenses incurred to prepare equipment or processes for manufacturing or service provision.