OPERATIONS MANAGEMENT IN SUPPLY CHAIN
OPERATIONS MANAGEMENT IN SUPPLY CHAIN
7th Edition
ISBN: 9781264093069
Author: SCHROEDER
Publisher: MCG
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Chapter 6, Problem 3DQ

Explain Little’s Law in your own words. How can it be used, and what are its limitations?

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What is the difference between delimitations and limitations?
Is the following statement correct?   Vertical integration is the process of a company expanding its operations either backward into an industry that produces inputs for the company’s products, such as raw materials or product components. For example, producing car batteries is an input of the automotive industry but can also be integrated vertically. Vertical integration can also be done forward into an industry that uses, distributes, or sells the company's products and it moves to the final delivery of the product to the customer. The parallel shifts from car ownership to the mobility of demands change the automotive industry. Car manufacturers test different business models, such as car sharing, in order to morph into mobility providers which is a typical forward integration strategy.   Please choose an answer: True Not correct
Explain Little’s Law in your own words. How can it be used, and what are its limitations?
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