Question: Question: Please decide your response (True or False) and give a short explanation to each of the five statements below 1. In product focus, facilities

Question: Please decide your response (True or False) and give a short explanation to each of the five statements below

1. In product focus, facilities are organized around specific activities or processes

2. Consumer market survey is the best way to give forecast among qualitative methods

3. Establishing a distribution centre that is centrally located for five retail outlets of a local clothing chain uses centre of gravity model

4. Coefficient of correlation of estimate equals to 0 is the best.

5. The production of a high volume commodity product with low variety is known as continuous process

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!