Mass Customization, When Done Correctly, Does All of the Following

question 108

Multiple Choice

Mass customization, when done correctly, does all of the following except

• A) increases pressure on supply-chain performance.
• B) helps eliminate the guesswork that comes with sales forecasting.
• C) drives down inventories.
• D) increases pressure on scheduling.
• E) loosens relationships between the manufacturer and its suppliers.

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Definitions:

Escalator Clauses

Clauses in collective agreements that provide for quarterly cost-of-living adjustments in wages, basing the adjustments on changes in the consumer price index.

Cost of Living Adjustment

An increase in income or salary to counteract inflation, helping maintain employees' purchasing power.

Collective Agreements

Contracts made between employers and a group of employees, often represented by a union, that establish terms of employment, working conditions, and wages.

Collective Bargaining

A negotiation process between employers and a group of employees aimed at establishing agreements regarding wages, working conditions, and other employment terms.