Exam 5: Production Planning and Control Methods

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___________ dimensions of business definition specify what activities are to be undertaken to produce and deliver products/services.

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The ability to rapidly increase or decrease production levels or shift production capacity quickly from one product or service to another is called____________.

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The legal functions that board of directors of any company are described in _______.

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___________ formulates long term plans for the organization.

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To ensure that the proportion of defective items in the manufactured product is not beyond certain limits is called ______.

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