18 and 19 solve both please Operations managers must be able to anticipate changes in which of the following?A. product mixB. product opportunitiesC. the products themselves.D. product volumeO E. All of the above. Which of the following statements is NOT true?O A. Understanding the customer is the premier issue in new-product development.O B. Economic change brings increasing levels of affluence in the short run but economic cycles and pricechanges in the long run.O C. Sociological and demographic change may appear in such factors as decreasing family size.O D. Political/legal change brings about new trade agreements, tariffs, and government requirements.

Answered: Operations managers must be able to…

Operations managers must be able to anticipate changes in which of the following? A. product mix B. product opportunities C. the products themselves. D. product volume E. All of the above.

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...

See similar textbooks

Related questions

Q: How would one go about evaluating the pros and cons of a certain project?

A: Project evaluation is a procedure used to decide the achievement and effect of projects, projects,…

Q: A. Formulate a linear programming model for Mossaic Tiles, Ltd., and determine the mix of tiles it…

A: Maximum Profit=190L +240S Subject to: 18L +15S ≤ 3,600 minutes 0.27L + 0.58S ≤ 105 hours 0.16L+…

Q: One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of…

A: Instructions and formula used: Projected on hand = Planned order receipts + ending inventory…

Q: A retailer has 7 stores in different cities in northern Ontario. The weekly demand for each store…

A: Given that, Number of stores = 7Demand for each store = 60Lead time = 3 weeksCustomer service level…

Q: How is quality of work in project management related to quantity of resources that must be used in…

A: Project management involves setting objectives, creating a timeline and budget, assigning tasks,…

Q: ablet computers designed for consumers are actively changing how organizations store, retrieve, and…

A: Meaning- Performance management is one of the areas where data visualization adds esteem.…

Q: Find: Crash cost per day; the activities that should be crashed to meet a project deadline of 10…

A: For the given table, I would prepare the network diagram using the normal time for each activity,…

Q: Upper Control Limit (UCLx) = enter your response here ounces (round your response to two…

A: Control charts are also known as process-behavior charts. It is a statistical process that helps in…

Q: anagers who want to enhance the comparability and comprehension of performance analysis results have…

A: Balanced Scorecard (BSC) is an organizational tool to measure performance and progress toward…

Q: Justify the need of scheduling ahead for many consultative services. Give a rundown of the key…

A: Scheduling is an important part of any business or organization. It helps to ensure that tasks are…

Q: Separate the major players in AWS's global infrastructure from the minor players.

A: AWS (Amazon Web Services) is a cloud computing platform that is made up of a global network of data…

Q: hello, can someone help me with this question?: if a company regularly holds 50 units of safety…

A: Here, the order quantity is 500 units, and the safety stock is 50 units, for this given data, the…

Q: Angel healthcare Ltd., has 2 investment opportunities, each costing $120000 and each have expected…

A: ANSWER : Net Present Value (NPV) is the difference between the present value of cash inflows and the…

Q: abc

A: ABC Classification:- ABC (Always-Better-Control) analysis is a technique that sorts inventory based…

Q: Is it possible, via closer collaboration with suppliers, to enhance the quality of healthcare…

A: Healthcare processes are integral to the functioning of the healthcare system. They are responsible…

Q: Why is logistics so important for successful supply chain management at Amazon? What type of…

A: ANSWER : Logistics is a critical component of supply chain management at Amazon because it enables…

Q: What precisely does the critical route approach achieve, however, and why is it such a vital part of…

A: As per this Q, first I would discuss the critical path method or critical route approach and what it…

Q: hy we apply power transformation on half logistic distribution? what the mean reasons?

A: Power transformation is an important tool for data analysis, particularly when the data is not…

Q: Describe the use of sensitivity analysis and postoptimality analysis in analyzing the results.

A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…

Q: efine absolute advantage for Russia and Argentina

A: Absolute advantage is a concept that refers to the ability of a country to produce goods and…

Q: Can I have 2 other rules please?

A: Rules for ascertaining intention Rule A.—Where there is a contract for the sale of specific goods…

Q: a) Determine the economic order quantity. b) Consider that a service level of 85% (Z=1.036) is to be…

Q: Upper Control Limit (UCLx) =

A: Control charts are also known as process-behavior charts. It is a statistical process that helps in…

Q: A shoe company forecasts the following demands duringthe next six months: month 1—200; month 2—260;…

A: Let supply be x Let demand be y Assuming that the company supplies the shoes with OT and RT in the…

Q: SWOT ANALYSIS: "ZAMBALES GOLF COURSE" FOLLOW THIS FORMAT

A: Zambales is a province located in the Philippines at the center of the Luzon region. This location…

Q: Knowing how to use the ABC analysis, make up a list of 10 items in a stores inventory, then decide…

A: Here, First I would explain the term ABC analysis in Inventory management, and then, I would create…

Q: The International Organization for Standardization is the first globally recognized standard related…

A: Risk management is the process of identifying, assessing, and prioritizing potential risks to an…

Q: In what ways may CAD, CAE, and CAM work together to aid in the product development process?

A: CAD (Computer-Aided Design), CAE (Computer-Aided Engineering), and CAM (Computer-Aided…

Q: The liability for special assessment bonds for which the city is not obligated in any manner should…

A: The detailed solution of the question is given in Step 2.

Q: One of New England Air's top competitive priorities is on-time arrivals. Quality VP Clair Bond…

A: Overall fraction is the total amount of Late flight divided by number of sample and random sample.

Q: Describe each component. What are the five functions that these components provide

A: The five components of an m-commerce system are: Mobile device: This is the device that customers…

Q: C. What is the optimal solution?

A: Linear programming is a mathematical technique commonly used in most companies' operations…

Q: Mixed Inventory Criteria: Identify and explain, which would be the best approach to have a mix of a…

A: A mix of JIT and Buffer Inventory Strategy can be termed as Mixed Inventory Strategy. JIT:- JIT…

Q: can you Describe in 1000 words, process evaluation?

A: Organizations always try to keep a regular check on their current and ongoing progress. It is the…

Q: 1. A project has been defined to contain the following list of activities along with their required…

A: A project schedule records a project all's achievements, exercises, and expectations, each with…

Q: How can I calculate the forecast for March using the exponential smoothing method using Alpha: 0.60

A: Here, given the data, Here, I would apply the exponential smoothing technique and determine the…

Q: Describe what the term "productivity" implies and how to improve an organization's productivity.

A: Productivity is a efficiency of the company and worker who converts capital and labor (input) into…

Q: Briefly explain what is mean by float/slack

A: Here, as per this Q, I would discuss the meaning of the float or slack, the example is stated below…

Q: Based on the given data and using the seasonal model, the demand level for George's sailboats in the…

A: Given the data stated below, The annual forecasted demand for year 5=6000 sailboats Here, I would…

Q: Discuss the techniques adopted in forecasting the sales of an organisation.

A: ANSWER : There are several techniques that organizations can adopt to forecast their sales. Few most…

Q: What is the importance of project organizational chart? How is this related to project controlling…

A: Project management is an important part of any business. It involves the planning, organizing, and…

Q: Rather to outsourcing the development of a new system, why shouldn't Petrie's staff do it…

A: Introduction- The above-given question is of Jim Watanabe, the project manager, at Petrie…

Q: What are some of the benefits and drawbacks associated with doing research evaluations?

A: ANSWER : Benefits of research evaluations include: the ability to assess the quality and validity…

Q: hello, can someone help me with this question?: if a company regularly holds 50 units of safety…

A: Inventory management refers to the process of overseeing and controlling the flow of goods, from…

Q: In London stock exchange company with some of its assets are under lease contracts. Examine…

A: IFRS 16 is the specification of how an IFRS reporter may recognize, measure and disclose leases. To…

Q: Provide cases/examples from real-world companies (two cases) that applied used the Global Operation…

A: Global Operation Management (GOM) is a strategy used by companies to manage their operations on a…

Q: design strategies?

A: Mobile First and Desktop First are two different approaches to responsive design, which is the…

Q: Question content area Part 1 Refer to Table S6.1 - Factors for Computing Control Chart Limits (3…

A: Introduction- The control chart is a diagram used to concentrate on how an interaction changes over…

Q: Define project risk management

A: Project Risk Management Project Risk Management can be termed as the practice of identifying,…

Q: A manufacturing company faces an uncertain demand for its product at an average of 10,000 units per…

Question

18 and 19 solve both please

Operations managers must be able to anticipate changes in which of the following?
A. product mix
B. product opportunities
C. the products themselves.
D. product volume
O E. All of the above.

Which of the following statements is NOT true?
O A. Understanding the customer is the premier issue in new-product development.
O B. Economic change brings increasing levels of affluence in the short run but economic cycles and price
changes in the long run.
O C. Sociological and demographic change may appear in such factors as decreasing family size.
O D. Political/legal change brings about new trade agreements, tariffs, and government requirements.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Note - need the correct option without explanation as fast as possible!! Which of the following activities is NOT direct responsibility of operations management? A) Developing an operations strategy for the operation. B)Determining the exact mix of products and services that customers will want. C)Designing the operation's products, services and processes. D)Planning and controlling the operation.
Which of the following is not a role of operations management? - to add value in the transformation process - to ensure there are quality management processes - to investigate the most cost effect effective production methods - to hire the best (most suitable) production operatives.
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.
(a). Product strategies change at each point of a product life cycle. Describe how each strategy differs between introduction, growth, maturity, and decline. (b). Describe, with examples, why it is beneficial for operations managers to anticipate changes to products (demand, opportunities, products, volumes, mix, etc.)? (c). Pick an organization currently in operations. Explain what type of process focus you view they adopt, and why you think they use that focus. (d). Explain the use of a flowchart in operational design.
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:
a. Design Processi. Explain why the service design process is more difficult than the product design b. Process Strategyi. Explain the difference between assembling a car and assembling an electronic equipment according to process strategy? c. Operations Strategyi. Explain the understanding of the theory of Comparative Advantage which was initiated by David Ricardo ii. Briefly describe the application of this theory to operations management and give an example. d. Operations and Productivityi. Explain why management is an important determinant of productivity?ii. Explain why the knowledge society is very important in productivity in acompany
Balanced scorecard (BSC) is a strategic management performance Metric that helps companies identify and improve their internal operations to help their external outcomes. It measures past performance data and provides organizations with feedback on how to make better decisions in due course.(c) Describe how to apply a BSC ?(b) What are the BSC benefits ?
Describe the 4 Vs of Operations management with the help of examples..Please provide academic and professional references.Word Limit 100- 120 words
Managing the Operations 1. What are the 6 important activities of a productive system? 2. What is a workflow layout? 3. What are the 4 ways of achieving proper inventory Control? 4. Draw the transformation process of an existing company. Indicate where the improvements of the flow can be introduced. Managing the Marketing Function 1. What is the marketing concep 2. What are the 4 P’s of Marketing 3. Choose an engineering firm with an existing marketing unit. Draw the organization chart of the firm showing the marketing unit and the relationship with other units. Managing the Finance Function 1. What is the Finance Function of an organization? 2. What are the 4 major fund requirements of an engineering firm? 3. What are the 6 major sources of funds to finance an engineering firm? 4. What is Risk Management? What are the methods in dealing with risks? 5. Identify an engineering firm of your choice Determine the methods used by the firm in handling risk. Do you consider…
Which of the following is the least concern of the Operations Manager? a. Organizing b. Coordination c. Planning d. Control
Which statement below is True, and which one is False? For the False ones explain why they are incorrect (or what is the correct statement) 3.4) Job shop is a process architecture that allows producing large volumes of standard products 3.5) Operational frontier refers to the position of the best companies in each market in terms of their product attributes 3.6) 5S is a technique for root-cause analysis
c) Prepare the scatter diagram, clearly showing any outliers. d) Using the line of best-fit, determine the company’s fixed cost per month and the variable cost per unit.(Use 0 & 5,000 units.) e) In view of the department’s cost behavior pattern, which of the two methods appear more appropriate? Explain your answer.