The capability to rapidly and inexpensively switch

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1) The ability to rapidly and inexpensively switch production from one product to another enables which of the following:

• Economies of shape
• Economies of size
• Economies of scale
• Economies of scope

2) Which of the following is a cost impact and payoff analysis tool from the operations consulting tool kit?

• Statistical tools
• Decision trees
• Work sampling
• Gap analysis

Reference no: EM13390008

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