Based on the Work by the Boston Consulting Group, Products

question 46

Multiple Choice

Based on the work by the Boston Consulting Group, products with a dominant share of the market and good prospects for growth are

• A) dogs.
• B) cash cows.
• C) stars.
• D) question marks.
• E) pigs.

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Definitions:

Capacity Planning

The process of determining the production capacity needed by an organization to meet changing demands for its products.

Materials Planning

The systematic determination of required materials and components, including quantity and timing to support production.

Core Function

The primary and essential activities that a business or system is designed to perform.

MES

Manufacturing Execution System, a control system for managing and monitoring work-in-process on a factory floor.