Question: How does the Flow Rate in a process impact a firm's profits? Select one: a. Can determine reaction speed and thus demand fulfillment and/or need
How does the Flow Rate in a process impact a firm's profits?
Select one:
a. Can determine reaction speed and thus demand fulfillment and/or need for inventory
b. Can, in some industries (service, make-to-order), determine price and market share
c. allows you to create value (assuming there is demand for the process's output) and thus determines how "productive" the resources are
d. Costs money and loses value over time
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