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Mass Production and Continuous Flow Manufacturing
Continuous systems lie at the other extreme, where demand for a single product is sufficiently high to warrant the installation of highly specialised automatic production lines. With their very high rates of output and very low manning levels, unit costs are typically very low. Such systems generally have little flexibility. Where the entities produced or serviced are discrete items (eg car manufacture, processed photographic films) the term mass production is used. The term process industry refers to systems which produce a continuous output (e.g. petroleum products, chemicals, cement).
Which of the following is not a criterion used in forming segments? Potential for increased profit Similarity of needs of potential buyers within a segment Competitive pos
If a corporation doubles the number of exposure units, what may be said to happen to the degree of objective risk? Explain your answer and state the basic principle illustrated.
Resources: University Library, Kudler Fine Foods Virtual Organization Use the Virtual Organization link on the student website to access additional company information on Kudler
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