In general, which of the following statements is not true? Group of answer choices Service operations has more customer contact than manufacturing. High customer contact services are “experienced”. Manufacturing operations have sophisticated methods for measuring performance. Service operations can produce a tangible output. Manufacturing operations have frequent customer contact in the conversion process.
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- The marketing manager of a large truck manufacturer was surprised to learn that the price lists generated by his department had little relation to the prices that were actually charged to customers. The company’s finance department often changed the prices to conform to profit goals before the prices reached the company’s sales force. The salespeople often gave customers discounts to increase their sales volume. The operations manager made price adjustments to accommodate delays in promised shipping times. Based on the situation above, what do you think is the best possible solution?Which of following is correct? (a)The value chain explains why an entity has a competitive advantage; (b) The value chain examines how an organisation has a competitive advantage; (c)It provides answers on how an organisation elects to compete; (d) It helps an entity to determine the steps to be taken beat its rivals on pricePlease do not give solution in image format thanku A company manufactures a specialty pollution-sensing device for the offshore oil industry. The company is considering whether to replace it with a newer model. The firm's three choices are: keep the old model design a replacement device with internal resources purchase a new design The market for these devices will be either "receptive" or "neutral" to the replacement model. The financial estimates are as follows: Keeping the old design will yield a profit of $6 million dollars. Designing the replacement internally will yield $10 million if the market is "receptive," but a $2 million loss if the market is "neutral." Acquiring the new design from the supplier will profit $4 million under "receptive," and $2 million under "neutral." The company feels that the market has a 70 percent chance of being "receptive" and a 30 percent chance of being "neutral." Draw the appropriate decision tree. Calculate the expected value for all…
- A firm’s value proposition communicates the benefits received from theproduct or service by customers. Therefore, the value proposition provides the customer with which key piece(s) of information? a. The price of the good or service b. Where to buy the good or service c. How to use the good or service d. Reasons to buy the good or service e. All of these are correct.Which of the following does not describe Balanced Scorecard? Transforms strategic planning from an academic exercise into the nerve center of an enterprise. A type of compensation or payment made to employees within a company based on their performance and the achievement of specific goal. Provides framework that helps planners identify what should be done and measured. It is a strategic planning and management system that is used extensively in business industry, government, and nonprofits organizationAldi is a no-frills grocery chain. It sells grocery staples right out of crates and boxes with emphasis on low-priced, private-label brands. Aldi stores are typically about one-third the size of the traditional supermarket. By controlling expenses, Aldi customers can expect to save 30 to 50 percent compared to Kroger customers. The chain targets bargain hunters who are willing to rent a cart and bag their own groceries. Aldi competitive advantage is based on: Group of answer choices low costs its competition promotion stakeholders the production concept
- WHich of the following statements about customer value metrics is correct? A)Customer Equity (CE) is an indicator of how much the firm is worth at a particular point in time as a result of the firm's customer management efforts. B) Life-Time Value (LTV) is a forward-looking measure with consideration of the time value of money, allowing for short-term decision making. C) Past Customer Value (PCV) is a useful method because it considers whether a customer is going to be active in the future.Tablet computers designed for consumers are actively changing how organizations store, retrieve, and use information. Users are looking for improved data visualization and manipulation tools. Static charts and diagrams are not allowed. Think about how key performance indicator (KPI) monitoring may benefit from data visualizations. Keep the opposite in mind. Is data visualization really necessary for performance management?Instruction: Read the Problem and do what is being asked. The Really Big Shoe is a manufacturer of basketball and football shoes. Ed Sullivan, the manager of marketing, must decide the best way to spend advertising resources. Each football team sponsored requires 120 pairs of shoes. Each basketball team requires 32 pairs of shoes. Football coaches receive $300,000 for shoe sponsorship and basketball coaches receive $1,000,000. Sullivan's promotional budget is $30,000,000. The Really Big Shoe has a limited supply (4 liters or 4000 cubic centimeters) of flubber, a rare and costly compound used in promotional athletic shoes. Each pair of basketball shoes requires 3 cc while each pair of football requires 1 cc. Sullivan wants to sponsor as many basketball and football teams as resources allow. Create a table showing the your variables, objective function, and constraints. Create a set of linear equations to describe the objective function and the constraints.
- In which two-dimensional space is the Value Map plotted? a.The quality/consumer-surplus space. b.The quality/price space. c.All other options are incorrect. d.The cost/price space. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sureWhich of the following statements about big data is false? Firms use high-powered analytical models to sift through the data it is not necessary for operations managers to be involved in implementationof the big data processes Data may be collected instantly or over a period of months The data must be organized and analyzed to be of any useThe audit process is best supported by which of the following? (select one correct answer) Costs incurred Technical performance measures Scheduled progress All of the possible answers Project deliverable status