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True or false: 1.The six M's in input are transformed into the right output through a highly productive system. 2.The final output, which come in the form of goods or service, must carry all the features and attributes that customers  are looking such as quality expection, price expectation, and price expectation. 3.Production management involves the managerial decisions regarding design or the product nd design of the production system.

True or false: 1.The six M's in input are transformed into the right output through a highly productive system. 2.The final output, which come in the form of goods or service, must carry all the features and attributes that customers  are looking such as quality expection, price expectation, and price expectation. 3.Production management involves the managerial decisions regarding design or the product nd design of the production system.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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True or false:

1.The six M's in input are transformed into the right output through a highly productive system.

2.The final output, which come in the form of goods or service, must carry all the features and attributes that customers  are looking such as quality expection, price expectation, and price expectation.

3.Production management involves the managerial decisions regarding design or the product nd design of the production system.

4.Machines are the input that must be converted to the final output.

5.Manpower enables the transformation process to operation by manning the machines or rendering the services required.

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