Question: 4. For each statement, please specify whether the statement is correct (C) or incorrect (I): GENERAL PURPOSE FLEXIBLE EQUIPMENT MANUFACTURING (GPE) SYSTEM (FMS) 200,000 200,000

4. For each statement, please specify whether the

4. For each statement, please specify whether the statement is correct (C) or incorrect (I): GENERAL PURPOSE FLEXIBLE EQUIPMENT MANUFACTURING (GPE) SYSTEM (FMS) 200,000 200,000 DEDICATED MACHINE (DM) 200,000 Annual contracted units Annual fixed cost Per unit variable cost $100,000 $ 15.00 $200,000 $ 14.00 $500,000 $13.00 (a) Globalization and foreign exchange impact facility location decisions. [ ] (b) Labor content is more important that labor productivity when deciding on the location strategy. [ ] (c) An approach to hedge the currency risk (i.e., risk of changes in exchange rates) is operational hedging, in which firms have excess capacity in multiple countries and shift production levels from location to location. (d) In location decisions, while locating near demands and suppliers of raw materials are important, proximity to competitors is not recommended. [ ]

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