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Table 19-5
Consider the table above showing three stages of production of an automobile.
-Refer to Scenario 19-1. The value of each canoe in gross domestic product equals
Distribution Facilities
Warehouses or storage sites where goods are held before they are distributed to the final customer.
Intermittent Processes
Operations or production processes that are not continuous but occur at irregular intervals.
Labor Intensity
The degree to which a process or industry relies on human labor rather than automation or machinery.
Professional Services
Services offered by businesses to other organizations or professionals, which require specialized knowledge, skills, and often involve certification or licensing.
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