Which of the following statement is/are true?
A. Vertical integration is the amount of the production and distribution chain, from suppliers of components to the delivery of Products/Services to customers which is brought under the ownership of a firm
B. Resources flexibility is the case with which equipments and workers can handle a wide variety of products, levels of output, duties and functions
C. Batch processing is used when a moderate volume of goods or services is required and also a moderate variety in products or services
D. All of the above
Answer: Option D
A. Customer selling
B. Market research
C. Customer buying
D. Consumer behaviour
Production Management includes
A. Production Planning and Control
B. Production
C. Inventory control
D. All of the above
The merits of Product layouts includes
A. Minimum Investment in work in progress
B. Better Production Control
C. Early detection of mistakes or badly produced items
D. All of the above
A. to differentiate the product
B. to charge differential price
C. to sell the product in different countries
D. to give attractive name to a product

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