1: Identify an advantage of pure projects.2: Define synchronous manufacturing as stated by Goldratt’s theory.3: A shopkeeper purchases raw materials to manufacture souvenirs for a local eve

1: Identify an advantage of pure projects.

2: Define synchronous manufacturing as stated by Goldratt’s theory.

3: A shopkeeper purchases raw materials to manufacture souvenirs for a local event that happens once every five years. In this case, identify the model that the shopkeeper is most likely to use to maintain stock.

4: __________ are used for decisions that are related to aggregate and strategy demand.

5: __________ is the characteristics of a product in terms of quality that are sorted as either conforming or nonconforming to specification.

6: Define lead time.

7: __________ is the design, operation, and improvement of the processes that create and deliver a company’s essential products and services.

8: __________ determines the amount of inventory, which includes parts, components, and materials, necessary to produce a product.

9: ​__________ is the ratio between the actual amount of time a resource is activated for and the total amount of time the resource is available for use.

10: Rachel performs an analysis in which she analyzes the performance of the clients of her organization relative to the expectations of the client’s customers. In this scenario, Rachel is most likely using a __________.