BUSED 101 Chapter 17: Chapter 17
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Efficiency and effectiveness are equally as important. Moved from simple supply chains to more complex chains. Selecting the process of production and facility layout. Buying other companies so that you are dependent on various companies. Moving your facilities to a different place. Having your products developed in another country by a third party company. Giving the pieces of a product to someone and having them produce it if they have extra pieces they produced it wrong. Run like karate, you are given higher belts the more certification you. 7: critical path method (cpm): a project-management tool that illustrates the relationships. Inventory: stocks of goods or other items held by organizations. among all the activities involved in completing a project and identifies the sequence of activities likely to take the longest to complete. Immediate predecessors: activities in a project that must be completed before some other specified activity can begin.