OPERATIONS MANAGEMENT (LL)-W/ACCESS
17th Edition
ISBN: 9781260037821
Author: CACHON
Publisher: MCG
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Chapter 1, Problem 16PA
Summary Introduction
To determine: The operational decision correspond to the price of the customer utility function.
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Which of the following operational decisions correspond(s) to the price component ofthe consumer utility function?Instructions: You may select more than one answer.a. When will the demand be fulfilled?b. What are the shipping charges to the customer?c. What is the product or service to be delivered?d. Where will the demand be fulfilled?
Which of the following operational decisions correspond(s) to the convenience component of the consumer utility function?Instructions: You may select more than one answer.a. When will the demand be fulfilled?b. How efficiently will the products or the services be delivered?c. What is the product or service to be delivered? d. Where will the demand be fulfilled?
Which of the following operational decisions correspond(s) to the price component of the consumer utility function? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.)
When will the demand be fulfilled?
What are the shipping charges to the customer?
What is the product or service to be delivered?
Where will the demand be fulfilled?
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- 1. Output represents the final products from the production process and distributed to the customers. A. True B. Falsearrow_forwardIf factory workers are paid based on time and/or productivity, there is likely high inherent risk for which of the following key assertions? M. Accuracy N. Cutoff O. Completeness P. None of the answer choices is correct.arrow_forwardIs the mechanism designed to optimise the customer's expected value?arrow_forward
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- Does the process optimise the desired demand of the customer?arrow_forwardThree employees at a fast-food restaurant each perform one of the three activities in serving a customer: take the order, process the order, and deliver the order. The processing time for each activity is given as follows: Activity Processing Time Take the order 30 seconds Process the order 2 minutes Deliver the order 1 minute Assume that the demand is 20 customers/hour. What is the average labor utilization? a 38.9% b 85.7% c 66.7% d 100%arrow_forwardA company is increasing the percentage value-added time in the operation. Its value-addedtime and its flow rate remain unchanged. What will happen to its inventory turns? (Recallfrom Chapter 2 that inventory turns are computed as flow rate divided by inventory.)a. Inventory turns will go up.b. Inventory turns will stay constant.c. Inventory turns will go down.d. Cannot determine from the given informationarrow_forward
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