Chapter 13 Game

Relatively ( low / high ) level of fixed costs can make it economical to perform a particular activity in several locations at once.

The adoption of '__________ ____________ ___________________' may actually increase efficiency and lower unit costs relative to what can be achieved by the mass production of a standardised output.

A company contemplating international production must consider a number of factors. These can be grouped under three broad headings:

'__________ ___ __________' tell us that as plant output expands, unit costs decrease.

Flexible manufacturing technology is also called as

What is the particular network of material and information interchanges that is required to transform raw material inputs into a finished product, and then, to deliver it into the hands of the end user?

What is a certification process that requires certain quality standards to be met?

When the minimum efficient scale of production is low relative to global demand, it may be economical to manufacture a product at ( less / more ) locations.

What is a grouping of various types of machinery, a common materials handler and a centralised cell controller computer that produces a family of products?

Adverse currency appreciation can transform a '____'-cost location into a '_____'-cost location.

Companies have been outsourcing the '___________' of certain service activities to developing nations where skilled and less-skilled labour costs are lower.

What is related to the level of output at which most plant-level scale economies are exhausted?

Production and logistics should be able to accommodate demands for '________ ____________'

What is the tool that most managers now use to increase the reliability of their product offering?

Improved '__________ ___________' reduces costs by increasing productivity, lowering scrap costs, and reducing the warranty costs.

Since a company’s ability to perform its production activities efficiently depends on a timely supply of high-quality material inputs, for which '__________' is responsible.

Strategic objective is to be resposive to changing consumer demands, to '________' costs, and to '__________' product quality.

Flexible manufacturing technology covers a range of manufacturing technologies designed to rreduce set-up times, increase the utilisation of individual machines, and improve '__________ ___________'.

The importance of companies being able to respond quickly to shifting consumer demand is referred to as '_____'-based competition

What is the ability of companies to use flexible manufacturing technology to achieve product customisation at low cost?

What is the term used when a company takes advantage of factor costs as well as economic, political and cultural conditions when locating manufacturing activities?