What is a typical advantage of vertical integration?
Answer(s): C
A typical advantage of vertical integration is the control over critical capacities. Sometimes the critical capacity is a raw material so a plant will purchase the raw material supplier in order to control that critical capacity to the plant.
Which of the following are parts of reverse logistics?I) Waste managementII) Hazardous waste disposalIII) Product Quality
Answer(s): D
Reverse logistics include anything going in reverse of normal product purchase process. Reverse logistics include1. Customer returns2. Product recalls3. Re-usable containers4. Waste management5. Hazardous waste
The objective of a product launch is to what?
Answer(s): B
The objective of a product launch is to get in front of the prospective customers and tempt them to buy. While there are many things to think about in the product launch stage, in that stage the objective is to get in front of those customers.
The difference between risks and issues is that risks what?
Risks are potential failures that may happen, but have not happened yet. Issues are failures that have already happened and are currently working.
a p-chart is a SPC chart for measuring what?
A p-chart is the percentage of non-conformances. The P-stands for percentage
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