In products such as electronics and computers, customers expect a high rate of innovation. The quantity of the product needed in each lot The response time that customers are willing to tolerate O The variety of products needed O The service level required The price of the product The desired rate of innovation in the product
Q: Solving the symptoms of a problem will result in solving the problem itself. * O False True
A: Operation manager is the one who manages the operations of every organization, Who is responsible…
Q: Information resources do not decrease any significant amounts of value over time. O True O False
A: Information frameworks help organizations in rivaling different contenders by keeping up with low…
Q: Networks should be designed to prevent and detect errors, while correction is the responsibility of…
A: Networks should be designed to prevent and detect errors while the correction is the responsibility…
Q: If two machines are allocated to a worker which of the following will be true?
A: Idle time representing the time which the machine or labor standing as unproductive. Here, one…
Q: (Write your response to the customer as if you were a COp at Monzo who had just picked up a call…
A: Customer queries and concerns should be resolved by the firm at any cost. It enhances goodwill.…
Q: Jose just found out that at his part-time job in the restaurant, the manager was replacing all of…
A: McDonaldization at a workplace would include, Efficiency Calculability Predictability and Control
Q: The ER diagram is used to construct a conceptual mode this phrase is true or false
A: Entity Relationship Diagram: The entity Relationship Diagram, also recognized as ERD, ER Diagram, or…
Q: An efficient system can be ineffective and vice versa. Select one: a. True b. False
A: An efficient system can be ineffective and vice versa that statement is :
Q: Which error is under control of the user? Give justification to support your answer.
A: Errors occur when people engage with user interfaces.
Q: A high signal-to-noise ratio makes learning harder. True or false?a. Trueb. False
A: A high signal-to-noise ratio makes learning harder A. True
Q: On-the-job training techniques include job rotation, coaching, and role-playing. Question 10…
A: False
Q: Which of the following is NOT the rationale for mandatory retirement? Mandatory retirement can open…
A: Mandatory retirement also understood as forced retirement, & enforced retirement, or compulsory…
Q: Process Redesign is concerned with increasing the performance of processes without changing the…
A: Introduction: The term business process redesign alludes to a total redesign of an organization's…
Q: A fastfood joint offers a home delivery with a promise of 20 minute window for delivery. On a…
A: Correct option : D
Q: Which of the following is not a characterstic of a service organization? Oa. Output is intangible…
A: Services can be defined as the means of providing value to customers by performing the work…
Q: A product has value when its benefits to the customer are equal to or greater than the price that…
A: The question is related to customer satisfaction . Value is the relationship between the price of a…
Q: To avoid errors, error prevention should be done before error detection and correction * True False
A: To recognize and address the mistakes, extra pieces are added to the information bits at the hour of…
Q: Read the following two statements carefully and then indicate whether or not they are true. a) A…
A: These are the statements based question that need to be considered if they are true or not. Or by…
Q: True or false increase ROA by maximizing inventory turns minimizing employee participation…
A: Statement - Increase ROA by maximizing inventory turns minimizing employee participation maximizing…
Q: se choose the most and least effective answers Statement Most Least Give the customer an example of…
A: Selling a service to a customer is not very easy because in today's world every customer is rational…
Q: Jobs requiring routine tasks are largely concentrated O in the high end of the wage distribution O…
A: Routine jobs are largely located:
Q: ________ refers to the required pace of production to meet customer demand. Group of answer choices…
A: Genchi is the Japanese term which means Real thing and Real place. Kanban is a scheduling system for…
Q: The lead time gap refers to how long it takes something to arrive. O True O False
A: Lead time is the amount of time that passes from the start of a process until its last stage of the…
Q: Why is maintenance schedule needed by the maintenance team/department ?
A: Maintenance Scheduling: Maintenance scheduling is defined as it is a kind of…
Q: Transferring the benefit of low-costs to the customer is known as differential low-cost access.…
A: The method of establishing a competitive advantage by having the lowest cost of operating in the…
Q: After keeping in view the Kano Model, discuss a company’s situation which has tried to introduce an…
A: Below is the solution.
Q: An engineering i rm retains a technical specialist to assist four design engineers workingon a…
A: Given information: Service rate of a technical specialist (μ) = 8 assistance per day Arrival rate (…
Q: Create a sample flow and make a conversation about operation management from checking in of the…
A: From the time a guest checks in until the time they check out, there is a flow of actions and…
Q: Type the correct answer in the box. Spell all words correctly. What kind of lights can be used to…
A: Accent lights are used to focus or highlight a particular area or object.
Q: Which of the following is NOT among the functions typically performed within the InfoSec department…
A: The information security department of an organization has to deal with various issues such as…
Q: “Change is a process not an event. Not all changes lead to improvement, but all improvement requires…
A: In a general sense, a change is a learning cycle - exact and experiential. Creating change upon…
Q: Which of the following statements will hold good in the case of a system with uncertainty in demand…
A: Explicit arrangements or advancements respondents refereed to decrease vulnerability across the…
Q: Service inseparability means that the quality of services depends on who provides them, as well as…
A: Marketing of services is also an important aspect. There are various which help in deciding the…
Q: Which of the following are characteristics of a well-designed service system? (You may select more…
A: A service system is a set of technological and organizational networks designed to provide services…
Q: Which of the following should result in more intense incentives. Select one or more: a. The agent…
A: The option B and E are correct in the above statements. The principal and agent comes in contact…
Q: Which of the following is not a suitable element to be printed on a company sletterhead? List of…
A: The answers are as follows:
Q: A company calls itself reliable and competent in all of its advertising, but its equipment breaks…
A: The company advertises about the product to increase their sale and make customers aware about the…
Q: Checking and passing of bills for payment is the last step in the purchase procedure. Select one: a.…
A: Operation management in an organization aims at providing the highest efficiency possible. It…
Q: Which of the following is correct about an intermediate error event? Multiple Choice Shows the…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Ideally, which should come first, the model or the simulation? The model is created first…
A: A model can be defined as a product that represents the system of interest. A simulation is a…
Q: Which of the following is considered as an important type of business processes ? Select one : O A.…
A: The process that links the task to find the end of directing the product and services is known as…
Q: “Hawthorne effect is defined as increasing productivity by paying more attention to workers.” This…
A: The Hawthorne effect is a sort of reactivity where people alter an aspect of their conduct in light…
Q: Which of the following is a function of management? Question 7 options: Doing Staffing…
A: At the most major level, management is a discipline that comprises of a bunch of five general…
Q: ________ is a means of visually communicating when part of the process requires more inputs. Group…
A: Communication is the process of exchanging information between the sender and receiver. It is a 7…
Q: Business processes are collections of routines True False
A: Business consist of several processes and procedures that take place in order to achieve the…
Q: Give an input statement that will fill the variable theNumber (of type int) witha number typed in at…
A: INPUT STATEMENT
Q: The manufacturing of multiple products is preferrable because it decreases the risk of failure.…
A: Multi-product firms are firms that produce multiple goods, and thus need to affect allocating inputs…
Subject/lesson: Logistics and
Step by step
Solved in 4 steps
- Each day, QBlitz, a Seattle-based startup, offers a single product through its website.The product is available for order only on one day, and no other products are availableduring that day. To add to this odd selling strategy, QBlitz does not post prices for itsproducts. Instead, for each product there is a reserve price. On the day a product is available, customers can submit bids. All of the bids that exceed the reserve price are told atthe end of the day that they “won” the product and they pay the price they bid. QBlitzthen adds up all of the winning bids and submits an order to a supplier for the neededquantity. If the supplier delivers that quantity, then QBlitz ships the product to the winners once the product is received. However, if the supplier delivers only a portion ofthe ordered quantity, then QBlitz ships the product to the highest bidders that it cansatisfy and notifies the others that they will receive a refund because they will not in factreceive the product. The…Abby just finished her short-term course in Culinary Arts. With this pandemic we are facing now, her father is retrenched from his work. To help her family financially, she decided to make brownies and sell it online. The cost of producing 36 pieces of brownies are the following: ₱600 worth of ingredients ₱45 for 6 pieces of medium box ₱100 for 1 hour of labor cost ₱150 delivery cost The cost of promoting the product is none since she promotes it using any social media platform. Let’s say your desired return on sale is 40% and since it is a home-based small business, she will not have any fixed expenses related to baking. Using the Unit Product Cost, compute for the unit product cost and the marked-up price of her brownies.Which of the following statements are true or false? 1.1 One of the objectives of purchasing and supply chain management is to maintain an optimum balance of inventory that would ensure the desired level of customer service while increasing costs. 1.2 Supply management has a major impact on the net income of the firm because it increases input costs and reduces sales revenue 1.3 The purchasing and supply function of a firm operates independently from the other enterprise functions. 1.4 Supply Management is the process of planning, organising, coordinating and controlling all the resources of the firm effectively and efficiently in order to attain the objectives of the firm as determined by management. 1.5 Strategic plans formulated at top management of purchasing and supply management are implemented or executed at top level management 1.6 In decentralized purchasing structures negotiating power is increased and volume discounts are made possible. 1.7 Steps of the strategic…
- You are the president of XYZ Manufacturing company. You have recently learned about the following issue: A month ago, the company’s general manager (GM) told one of the line managers to produce an extra 15,000 units of a product so that there would be inventory in stock for the next time the item is ordered. Last week, the GM scolded the line manager for having 15,000 units of the item in stock. The GM told the line manager that producing excess inventory costs the company money and should never be done. The GM then puts the line manager on a performance plan. This is not the first time you have heard about the GM telling an employee to do one thing only to criticize him or her for doing it later. This employee feels very frustrated by this, but does not want to make a formal complaint because she has seen other employees lose their jobs or get demoted for questioning the GM. Create an outline that proposes a leadership solution to this issue. The outline should address the following:…Select the best answer. a. Servicces are produced and consumed nearly simultaneously. b. It is nott possible to inventory service outputs. c. Servicess are delivered when customers are in close proximity to the service provider. d. All of the abovve (i.e., choices a, b and c are always true). e. Each of the chooices a, b and c is "sometimes" true and "sometimes" false.[S1] On a CVP graph for a profitable company, the total expense line will be steeper than the total revenue line. [S2] The break-even point is the point where total contribution margin equals total fixed expenses. Only S1 is true. Only S2 is true. Both statements are true. Both statements are false.
- The spreadsheet model for Sam’s Bookstore containsa two-way data table for profit versus order quantityand demand. Experiment with Excel’s chart types tocreate a chart that shows this information graphicallyin an intuitive format. (Choose the format you wouldchoose to give a presentation to your boss.)I know this is on Bartleby, but the solution is still not leading me to understand it. Can I have a more in-depth explanation? We are thinking of opening a small copy shop. It costs us $5000 to rent a copier for a year. It costs us $0.03 per copy to operate the copier. Other fixed costs of running the store amount to $400 per month. We charge an average of $0.10 per copy. We are open 365 days per year. Each copier can make up to 100,000 copies per year. Formulate a model for annual profit.a. Create a two-way table for 1 to 5 copiers rented and daily demands of 500, 1000, 1500, and 2000 copies per day. That is, compute annual profit for each of these combinations of copiers rented and daily demand.b. If we rent three copiers, what daily demand for copies will allow us to break even?c. Using the data table from part a, chart profit as a function of the number of copiers; for a daily demand of 500 copies, and for a daily demand of 2000 copies. Show both lines on the same chart. Interpret…GAMETRUCK: BRINGING MULTIPLAYER GAMING TO ITS CUSTOMERS’ HOMES introduction The idea for gameTruck first came to Scott novis at his son’s fourth birthday party. They were at a pizza arcade and the noise, expense, and frustration caused him to think about a better alternative. What’s more, he knew that the electronic games he was working on at his job were better than anything in the arcade. That experience led to an epiphany. Instead of taking kids to an arcade for birthday parties or similar events, why not bring the arcade to their homes? And what if, instead of making something “kiddy,” the arcade featured the best video games available on the latest consoles? And what if it was something that people of all ages could enjoy? These thoughts were the foundation for the launching of gameTruck, novis’s entrepreneurial venture. gameTruck is the world’s first mobile video game theater. The basic idea was to create a mobile arcade or…
- The Role of Information Technology in Business Success Source:Information technology is the study, design, development, implementation, support or management of computer-based information systems. Information technology has become very important in the business world. Many businesses use information technology to support their goal of making the business more success ful in terms of performance and productivity. Organisations need to maintain enough stock to meet demand without investing in more than they require. By using information technology in inventory management, a company is able to track the quantity of each i tem. Electronic commerce (e-commerce) through the Internet, electronic mails (e-mails), Websites, and other facilities enables a businessman to be linked with every corner of the world, and thus opens up greater opportunities in the global market. Delays in processing a business transaction may become synonymous to wasting an opportunity. Therefore, a quick and…The Role of Information Technology in Business Success Source:Information technology is the study, design, development, implementation, support or management of computer-based information systems. Information technology has become very important in the business world. Many businesses use information technology to support their goal of making the business more success ful in terms of performance and productivity. Organisations need to maintain enough stock to meet demand without investing in more than they require. By using information technology in inventory management, a company is able to track the quantity of each i tem. Electronic commerce (e-commerce) through the Internet, electronic mails (e-mails), Websites, and other facilities enables a businessman to be linked with every corner of the world, and thus opens up greater opportunities in the global market. Delays in processing a business transaction may become synonymous to wasting an opportunity. Therefore, a quick and…The Role of Information Technology in Business Success Source:Information technology is the study, design, development, implementation, support or management of computer-based information systems. Information technology has become very important in the business world. Many businesses use information technology to support their goal of making the business more success ful in terms of performance and productivity. Organisations need to maintain enough stock to meet demand without investing in more than they require. By using information technology in inventory management, a company is able to track the quantity of each i tem. Electronic commerce (e-commerce) through the Internet, electronic mails (e-mails), Websites, and other facilities enables a businessman to be linked with every corner of the world, and thus opens up greater opportunities in the global market. Delays in processing a business transaction may become synonymous to wasting an opportunity. Therefore, a quick and…