The Dot-Com Boom and Bust Soured Many Companies on the Top-Line

question 29

True/False

The dot-com boom and bust soured many companies on the top-line potential of IT.

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Definitions:

Lean Manufacturing

A structured approach aimed at reducing waste in a production system while maintaining output levels.

Manufacturing Cells

A grouping of processes where employees are cross-trained to perform more than one function.

Autonomous Production Lines

Manufacturing systems that operate with minimal human intervention, using robotic and AI technology to produce goods.

Conversion Cost

The sum of direct labor and manufacturing overhead costs, representing the expense to convert raw materials into finished products.