When Deciding to Make or Buy a Part Needed for the Manufacturing

question 90

True/False

When deciding to make or buy a part needed for the manufacturing process, management needs to consider whether the plant has excess production capacity available to make the part or if current production will need to be interrupted to manufacture the part.

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Definitions:

Fixed-Ratio Schedule

A reinforcement strategy in operant conditioning where a response is reinforced only after a specified number of responses, commonly used in behavior modification programs.

Incidental Learning

The unintentional or unplanned learning that occurs when an individual gains knowledge or skills without explicitly setting out to learn them.

Stimulus-Response Connections

The relationship between an external stimulus and the behavioral or physiological response it triggers.

Accidental Knowledge

Information or insights gained unintentionally or without specific intent to learn.