For Just-In-Time Systems, It Is Essential That Manufacturers Develop Relationships

question 90

True/False

For just-in-time systems, it is essential that manufacturers develop relationships with suppliers that are very reliable, and that can guarantee quick deliveries of materials in small quantities.

Understand the employment distribution across sectors and its implications for operations management.

Distinguish between ethical/social challenges in operations management and other business concerns.

Understand the basics of financial planning and its importance in the growth and sustainability of a business.

Analyze the impact of sales forecasts, net income, and growth rates on financial planning.