Chapter 5: True/False Flashcards Preview

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Flashcards in Chapter 5: True/False Deck (12):
1

An artificial intelligence program is an example of hard technology.

False

2

The roots of CIMS began with numerical control machine tools

True

3

Flexible manufacturing systems consist of two or more computer-controlled machines linked by automated handling devices

True

4

CIMS is an example of soft technology

False

5

A return facilitator is defined as any entity – real or virtual – that coordinates and shares information between buyers and sellers.

False

6

The acronym ERP stands for enterprise resource planning.

True

7

The acronym ICT stands for Information and Communication Technology

True

8

Sustainability is a measure of the contribution margin required to deliver a good or service as the business grows and volumes increase.

False

9

On-line magazines have the potential to be infinitely scalable

True

10

Low scalability implies that serving additional customers requires high incremental variable costs

True

11

Each stage in the development of new technologies requires the operations area to excel at different competitive priorities.

True

12

The second stage in the development and adoption of new technologies is build-out

False