Can firm increase variability of its product line

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Question 1: Look into web site of Steel Dynamics, a Fort Wayne-based steel manufacture, and openly published document, its competitors.

Then use the info appear in Reading II-3, pp. 282-283 to explain the Steel Dynamic's manufacturing process, and note if any new "Process Architecture" is deployed.

Question 2: Can a firm increase the variability and diversity of its product line while simultaneous realizing the higher possible level of efficiency? Provide one product example for illustration.

Question 3: Is a high rate of product innovation consistent with efforts to substantially reduce costs through extensive backward integration? Provide one product as an example for illustration purpose.

Question 4: Is government policy to maintain diversifies markets for technologically active industries consistent with a policy that seeks a high rate of effective product innovation? Use most recent U.S. SmartGrid and healthcare IT policies for discussion purposes.

Question 5: Can the government stimulate productivity by forcing a young industry to standardize its products before a dominant design has been realized? Use most recent U.S. SmartGrid and healthcare IT policies for discussion purposes.

Show the government policy to maintain diversifies markets - Provide answer in detail: no word count.

Reference no: EM13703793

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