Examlex
Which one of the following is NOT an advantage of the fixed-position layout?
Valuation
The process of determining the current worth of an asset or a company.
Production Cost
The total expenses incurred in the process of creating a product or service, including raw materials, labor, and overhead costs.
High Supplier Power
A market condition where suppliers have significant influence over the market price and terms of products because of the lack of competition or alternatives.
Threat from Substitutes
The risk that alternative products or services may satisfy the same customer needs, potentially reducing demand for the current product.
Q2: Which of the following normally occurs in
Q3: Which of the following will elevate the
Q7: The volume-variety position of an operation has
Q24: The use of Internet-based technologies either to
Q40: Globalisation is seen by all as the
Q43: Can be expensive to set up and
Q44: Process layout is so-called because the needs
Q46: Detailed design is the act of operationalising
Q48: From high variety to low variety, which
Q55: The location decision is determined by the