Question 5 of 20:Select the best answer for the question.5. If the business strategy is to offer innovative products for consumer care, what operations strategy would be consistent?OA. Focus on automationB. Focus on standardizationOC. Focus on low costCOD. Focus on flexibilityO Mark for review (Will be highlighted on the review page)<< Previous QuestionNext Question >>

Production is the process in which inputs are combined to have the required output. It includes a…

Answered: 5. If the business strategy is to offer…

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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Q1) Describe the fundamental concept of Operations management with the help of relevant examples
2
Which of the following would be important in most operations management strategies? A) Aligning with the organizational strategy. B) Pursuing a low-cost approach to production. C) Constantly improving quality D) A and C above. E) A and B above.
Provide FOUR (4) KPI and the corresponding tool(s) that can be adopted by Baros to monitor the productivity, efficiency, quality and flexibility of its business. Explain how each index is applied in Baros.
Part C. View the related mini-lecture on BCG analysis and answer this question. Stickler Tools makes four different types of hand tools, and each tool is handled by a distinct, separately managed SBU within the firm. Take the following information about the company and its products and competitors and conduct a BCG analysis. Draw the four-cell diagram, and place each of the SBUS on the diagram. Assess the health of the company based on the diagram. Show all work Industry Stickler sales (in Top 3 sellers (may Number of Employees in unit SBU Growth rate so00,000) include Stickler) Competitors A. HVAC tools 11 64 64, 41, 32 9 11,000 B.Tapes/Rules 4 85 150, 150, 85 12 24,500 | C.Rasps/Files 10 1 7, 1, 0.5 19 9,050 D.Drivers 7 66 66, 12, 10 22 1,200 New Message
J 2 When discussing the measurement process, I introduced three terms: theoretical construct, conceptual definition, and operational definition. In class, we discussed the example of the healthiness of foods. For example, I have theory that if people had a greater understanding of what healthy foods are, they would be more likely to have a healthy diet. Suppose I wanted to conduct market research to test this theory. “Healthy Food’ is therefore the Theoretical Construct. Please explain to me how the terms conceptual definition and operational definition would apply to healthy food. Include specific examples relevant to this situation. Q1 Conceptual definition as it applies to healthy food would include things like: Q2 Operational definition as it applies to healthy food would include things like:
ESSAY What is Operations Management? What are major OM decisions? What are the key differences between goods and services? The operations plan will ensure the business is able to produce the product or to provide the services that the business had planned in the marketing plan.A. TRUEB. FALSE ANSWER:
What are the tradeoffs between the five performance objectives: quality, speed, dependability, flexibility and cost? How does one improve and one decline with examples for Operations Management? Any articles showing a table or comparison chart would be helpful too
6 In Balanced scorecard- which of the following question is related to customer perceptive? a. What must we excel? b. How do we look to our shareholders? c. How do we look to our customers? d. How can we continue to improve and create value? Clear my choice
Indicate whether the item below is used as key performance indicators for the areas of (A) Financial, (B) Customer, (C) Internal Process, or (D) Learning and Growth performance. Choose the one best choice. Percent of materials left over from production sold as scrap *(A) Financial(B) Customer(C) Internal Process(D) Learning and Growth performance.
Q1) QA: Explain Productivity Growth and give me example and what is the benefits of use productivity in organizations. QB: Distinguish in detail between manufacturing and service and give me example about process in manufacturing and service.

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5. If the business strategy is to offer innovative products for consumer care, what operations strategy would be consistent? OA. Focus on automation OB. Focus on standardization OC. Focus on low cost O D. Focus on flexibility