Which of the Following Statements Is True About Facilities Decisions

question 16

Multiple Choice

Which of the following statements is true about facilities decisions?

• A)They are generally short-range in nature.
• B)They are not critical as they only determine future availability of output.
• C)They involve all organizational units and are often made at the highest corporate level.
• D)They are simple and easy to analyze.

Grasp the strategies for balancing supply and demand in manufacturing.

Distinguish between internal and external balancing methods.

Comprehend the different types of demand fluctuations and their causes.

Recognize the role of collaborative planning, forecasting, and replenishment (CPFR) in supply chain management.

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Definitions:

Archival Data

Information collected and stored as records or documents from past events, used as a valuable resource for research and analysis.

Percentile Score

A statistical measure indicating the value below which a given percentage of observations in a group of observations falls.

Marlowe-Crowne

A social desirability scale used in psychology to measure the tendency of respondents to answer questions in a manner that will be viewed favorably by others.

Need For Approval

The human desire to be accepted and validated by others, often influencing behavior and self-perception.