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Application of Operations Management

question 28

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Application of Operations Management
Leeann has been hired as an intern at BNR, a small custom embroidery and design business. She is amazed at the many uses her manager has found for technology. She is able to draft customer designs using software, and her manager has even told her about machines that can act and see like human beings. The embroidery machines are so sophisticated that in order to change from one product to another, all that she has to do is change the computer program. BNR sells many of its products over the Internet so there is no intermediary.
-BNR is using _____________ when it can manage inventory most efficiently.


Definitions:

Right to Cure

The legal right or opportunity given to a party to rectify or correct a breach of contract or agreement before facing potential penalties or legal action.

Dog Collars

Devices worn around a dog's neck, often used for restraint, identification, fashion, or protection.

Reject Shipment

The act of refusing to accept delivery of goods because they are faulty, damaged, or not as specified in a purchase contract.

Consequential Damages

Financial losses that result indirectly from a breach of contract, beyond the immediate scope of the agreement.

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