Process selection depends on the business's process method, what are these two primary elements?

• Capital Extensive and Process Flexibility

• Capital Extensive and Product Flexibility

• Capital Intensity and Product Flexibility

• Capital Intensity and Process Flexibility

Its main focus is customer satisfaction.

• Technological Changes

• Capacity Planning

• Product and Service Design

• Process Selection

The New Accounts Services of a bank is an example of what type of process?

• Batch

• Job Shop

• Repetitive

• Project

Automation can also be a strategy for cost competitiveness.

• True

• False

Facility layout should provide _______ for expansion or modification.

• Space utilization

• Space expansion

• Flexibility

• Capital

This type of layout lets the product stay in one place while workers and machinery move to it as needed.

• Combination or Grouped Layout

• Fixed or Position Layout

• Line or Product Layout

• Process or Functional Layout

The advancement in the process structure is not associated with the item's life cycle phase.

• True

• False

This is merely the mix of devices and labor that a company utilizes to achieve some goal.

• Process Flexibility

• Capital Intensity

• Product Flexibility

• Technological Changes

This refers to the development of improved products while process innovation refers to using an improved method of production to create superior products.

• Diffusion

• Re-engineering

• Product Innovation

In this type of process, the workers' skill levels do not need to be as high, and the equipment does not need to be as adaptable.

• Job Shop

• Continuous

• Batch

• Repetitive