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Manufacturing: Of the Production Process Designs also called supply chain strategies” which of the following would you estimate to have the most amount of waste and inefficiency that would include increased inventories?
a. Engineer to Order (ETO) = design and produce a customized product or service to order
b. Configure to Order (CTO) = make assemblies to a forecast & assemble products to orders
c. Make to Order (MTO) = begin production after receipt of the order
d. Make/Build to Stock (MTS/BTS) = produce a product or service to a forecast.
Measuring Various Inventory Levels and Order Quantities
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