Choosing to build 65 ft. high cathedrals to store product, rather than many more, shorter racks, is a operations management decision, one which was made to conserve square footage on the production facility floor, as well as property costs. Using computer controlled robots to move product from production to storage in the cathedrals and to decoration and packaging is a operations management decision.

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.

Which of the following has the largest impact on opportunity cost

What is the sequence of events that could lead to trade surplus