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Capacity Decisions Are Based on Technological Concerns, Not Demand Forecasts

question 27

True/False

Capacity decisions are based on technological concerns, not demand forecasts.

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Definitions:

Purchases

The act of buying goods and services, which can include components, raw materials, or finished products.

Short-Term Scheduling

The process of organizing and optimizing operations or tasks in the near term, focusing on efficient allocation of resources to meet immediate production or service goals.

Assigns Jobs

The act of allocating or designating work tasks to individuals or groups based on criteria such as skills, availability, or strategic importance.

Work Centres

Specific locations, machines, or groups of machines within a manufacturing facility where distinct types of processes are performed.

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