Answer:
B. behavioral
Explanation:
Attitude is the way of handling things as every individual use different approach in handling different task. There are three components that impact the attitude of working.
- Cognitive.
- Affective.
- Behavioral.
The cognitive component is referred to as the knowledge and information of the people about the task or object.
The affective component is referred to like the feeling and emotion of a person toward handling any task or objects.
The behavioral component is a natural tendency of humans to behave in a certain way in a particular situation.
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Answer:
phases in the sequence of Recession, trough, expansion and Peak
Explanation:
we know that 4 phases of a business cycle are
peak and downturn (recession) and trough and upturn (expansion)
top of cycle is called peak
and boom is a very high peak
recession where conomic activity is falling from the peak
and when decline persist for more than 2 consecutive quarters that is recession
and The bottom of the recession is trough
so we know business cycle is a economic model that describe fluctuation in economic activity
and that includes production of goods and service and business cycle go through its phases in the sequence of Recession, trough, expansion and Peak
Answer: long-term relationships and commitments.
Explanation:
Just in time typically implies long-term relationships and commitment. It requires a good understanding of the supplier and the manufacturer in terms of the quantity and the swiftness with material delivery. When there is a misunderstanding between the manufacturer and the supplier, delivery cones to a halt. This is why there's a need for a long lasting relationship and commitment.
Answer:
The answer is False. By cutting the variance of the demand during lead time to 1/2 its original value while maintaining the same lead times, the new safety stock will also drop to 1/2 its original value.
Explanation:
Safety stock is a form of inventory management that provides an additional unit of an item held as a buffer i order to mitigate risk of running out of stock.
A reorder point provides a buffer of time to restock items when stock is running out. It helps to reduce operational costs and chaos that may arise such as rush fees owed to suppliers. It makes the use of a warehouse space more efficient.
Suppose we are a distributor that uses safety stock and a reorder point for inventory management. If we can find a more consistent manufacturer that will maintain the same mean lead times while cutting the variance of the demand during lead time to 1/2 its original value, the new safety stock that we need to carry to achieve the same service level will also drop to 1/2 its original value.