Even If a Company Has an In-House Research Department, It

question 17

True/False

Even if a company has an in-house research department, it is not unusual for it to seek the assistance of external suppliers

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Definitions:

Layout Design

Layout Design refers to the arrangement of physical facilities such as machinery, equipment, and furniture within a workspace to optimize workflow and productivity.

Maintenance

The activities involved in keeping a system’s equipment in working order.

Quick Response

A strategy aimed at reducing lead times within the production and distribution systems to improve service levels and reduce costs.

Raw Material

Basic substances or components that are processed or transformed into finished goods through manufacturing or production.