_____ Are Realized When Setup Cost Reduction Allows More Frequent

question 91

Multiple Choice

_____ are realized when setup cost reduction allows more frequent setups,without incurring additional costs,and thereby smaller lot sizes can be run.

• A)Economies of scope
• B)Economies of scale
• C)Just-in-case production systems
• D)Just-in-time production systems

Grasp the societal attitudes towards science and technology.

Recognize the theme of technology outpacing its creators.

Assess the economic impact of natural disasters.

Understand the concept and implications of “normal accidents” within modern technologies.

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Definitions:

Most Effective

Characterizing methods or strategies that achieve desired results with the highest efficiency or impact.

Creative Process

The sequence of thoughts and actions that lead to the production of original and valuable ideas.

Graham Wallas

A social psychologist and educational theorist known for developing a model of the creative process that includes preparation, incubation, illumination, and verification.

Perception

Perception is the process by which individuals organize and interpret sensory information to give meaning to their environment.