Managers Are Considering Outsourcing Sub-Components of Production

question 90

Multiple Choice

Managers are considering outsourcing sub-components of production. Data is collected about the costs of making the sub-component. Different bids are sought about the purchase of the sub-components. Which managerial activity is applicable in this situation?

• A)control
• B)continuous improvement
• C)planning
• D)decision making

Describe the strategic importance of short-term scheduling for competitive advantage.

Recognize the components of the planning files of a production planning and control system.

Understand the significance of labor and social issues in the scheduling of services.

Analyze effectiveness criteria for scheduling.

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Definitions:

Organizations

Structured groups of people with common goals, rules, and roles, established to coordinate their activities and efforts.

Cognitive System

A network of mental processes related to thinking, perception, and memory.

Organization

Refers to a structured group of individuals working together to achieve common goals, which can vary in size, structure, and purpose across different contexts.

Disequilibrium

A state of cognitive imbalance or conflict that arises when new information contradicts existing beliefs or knowledge, driving the process of learning and adaptation.