Describe the role of supply, demand, and competition in a free enterprise system

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?

Determine the hrm’s role in the performance management process and explain how to ensure the process aligns with the organization’s strategic plan.