All of the Components of Manufacturing - from Research and Development

question 283

True/False

All of the components of manufacturing - from research and development through customer service after the sale - are part of a firm's value chain.

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Definitions:

Job Shop Operations

A manufacturing process structure where small batches of a variety of custom products are made.

Make-To-Order

A production strategy where products are only manufactured after receiving a customer's order, allowing for customization.

Modular Bills

Bills of material organized by major subassemblies or by product options.

Phantom Bills

refer to a bill of materials used in manufacturing for temporary or virtual assemblies that are not physically built but are needed for planning or costing purposes in complex manufacturing projects.