Lauren Works at CDz, the Local Music Store

question 27

Multiple Choice

Lauren works at CDz, the local music store. Lately, she has noticed that Mikael, the regional manager, is making more of the decisions for store displays and music selections than he has done in the past. When she asks Mikael why he has picked up the added responsibility, he says that headquarters wants to ensure a more consistent approach to customers. Which type of approach have they decided to go to?

• A) a more right-sized approach
• B) a more centralized approach
• C) a more downsized approach
• D) a more decentralized approach

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Definitions:

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Sophisticated software tools designed to assist in the planning and optimization of operations, logistics, supply chain, and inventory management.

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The measure of the condition of data based on factors such as accuracy, completeness, reliability, and relevance, impacting its usefulness in decision-making.

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A process by which a company determines ideal levels of capacity, production, subcontracting, inventory, and stockouts to meet demand over a specified timeframe, generally medium term.

Linear Programming

A mathematical technique used to achieve the best outcome (such as maximum profit or minimum cost) in a mathematical model whose requirements are represented by linear relationships.