Businesses That Provide Services Typically Cannot Use Mass Customization Because

question 178

True/False

Businesses that provide services typically cannot use mass customization because services are not tangible products that can be customized.

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Definitions:

CPM

Critical Path Method, a project management technique used to plan and control a project by identifying tasks, their durations, and dependencies to calculate the longest path of planned activities to the end of the project.

Beta Distribution

A continuous probability distribution characterized by two shape parameters, used in project planning and Bayesian statistics for modeling variable events.

Cost Estimates

The anticipated expenses involved in completing a project or producing a product, often used for budgeting and planning purposes.

Scheduling

The process of organizing, planning, and allocating resources to tasks over time to achieve efficiency and meet specific objectives, often in production, project management, or service operations.