Examlex

Solved

What Is Often Used to Improve the Operation and Efficiency

question 11

Multiple Choice

What is often used to improve the operation and efficiency of a series regulator?


Definitions:

Aggregate Plan

A plan for production, inventory, and other resource levels, usually over an intermediate time frame, to meet expected demand.

Supply Chain

A system consisting of companies, individuals, processes, data, and assets engaged in the transportation of goods or services from the provider to the consumer.

Aggregate Planning

A process in operations management aiming to determine an optimal production plan to meet fluctuating demand in the medium term while minimizing costs.

Subcontracting

The practice of assigning part of the obligations and tasks under a contract to another party, often to specialize in particular tasks or save on costs.

Related Questions