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An order winner is a set of screening criteria that permits a firm’s products to be considered as possible candidates for purchase.

“Product-service bundling” refers to a company building service activities into its product offerings for its customers.

The central idea of supply chain management is to apply a total system approach to managing the flow of information, materials, and services from raw material suppliers through factories and warehouses to the end customer.

The equation for exponential smoothing states that the new forecast is equal to the old forecast plus the error of the old forecast.

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. This firm is called _____

The process when a company seeks to match the benefits of a successful position while maintaining its existing position by adding new features, services, and technologies into its current portfolio it is called straddling.

In most cases, demand for products or services can be broken into several components. Which of the following is considered as a component of demand?

Given a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, what is the exponential smoothing forecast value?

When considering the concept of value, how is quality defined?

Mr. Black from the case study wants to be more efficient and effective in his quest for growth.  This will require implementing some manufacturing technology trends. Please identify and explain THREE manufacturing technology trends from your text that would be suitable for Pure Prairie Sausages’ production plans, now and in the next few years.  (15 marks)