74. Amber Engineers Inc. wants to be able to customize products for different national
markets and in turn increase its customer responsiveness. However, the fixed costs associated
with its production are high. Hence, these functions will be performed most efficiently if Amber
Engineers Inc.:
75. Flexible manufacturing technologies enable companies to:
76. _____ refers to the production of a variety of end products at a unit cost that could once
be achieved only through bulk production of a standardized output.
77. Which of the following statements is true of flexible manufacturing technologies?
78. Technological factors are making it feasible for firms to concentrate manufacturing
facilities at optimal locations. The major brakes on this trend are:
79. A product’s value-to-weight ratio affects location decision primarily because of its
influence on:
80. Two product factors impact location decisions. They are the product’s value–to-weight
ratio and:
81. Which of the following is true of high value–to-weight ratio products?
82. Which of the following is true of products with high value–to-weight ratios?
83. Which of the following products is best manufactured in multiple locations close to major
markets to reduce transportation costs?
84. Which of the following holds true for products with low value–to-weight ratios?
85. Which of the following statements is true of industrial products such as steel?
86. Which of the following is true of a product that serves universal needs?
87. Concentration of production makes most sense when:
88. When should a firm concentrate its production facilities in a centralized location?
89. Which of the following firms should concentrate its production in a centralized location?
90. When is decentralization of manufacturing facilities most appropriate?
91. Which of the following firms should concentrate its production in a decentralized
location?
92. Which of the following is a step taken by automobile companies in situations where either
centralization or decentralization of production is not feasible?
93. Which of the following is a hidden cost to basing production in a foreign location?