Question: In order to reduce the average cost, when Ford Motor plans its production of cars and trucks for 2 0 1 9 it reaches out
In order to reduce the average cost, when Ford Motor plans its production of cars and trucks for it reaches out to key suppliers who produce component parts in Mexico tires batteries, windshields, seats, etc. Further, in order to secure an advantageous price, they issue orders in the millions of units. This process is called?
a
Scientific management
b
systems theory
c
economies of scale
d
quantitative management
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
