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1.
A manufacturing firm wants to avoid excess capacity costs but still meet seasonal demand spikes by hiring temporary workers and subcontracting. Which capacity strategy is being used?
2.
A project manager uses a tool that identifies the longest sequence of dependent tasks in a project, determining the minimum completion time. Which tool is this?
3.
A food manufacturer adopts Kaizen in its production system. What is the main benefit of this approach?
4.
An operations manager introduces ISO 9001 certification. What is the main purpose of this standard?
5.
A logistics provider wants to calculate the real profitability of serving different customer segments by allocating overhead costs more accurately. Which costing method should be used?