OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
7th Edition
ISBN: 9781260839456
Author: SCHROEDER
Publisher: MCG CUSTOM
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Textbook Question
Chapter 4, Problem 12DQ
What is the difference between economies of scale and economies of scope? How do firms consider these when investing in processes?
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Chapter 4 Solutions
OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
Ch. 4 - Prob. 1DQCh. 4 - Why are assembly-line processes usually so much...Ch. 4 - The rate of productivity improvement in the...Ch. 4 - Several industriesincluding those that produce...Ch. 4 - Compare the expensive restaurant, fast-food...Ch. 4 - A company is in the business of making souvenir...Ch. 4 - Prob. 7DQCh. 4 - Suppose that a firm is considering moving from a...Ch. 4 - Prob. 9DQCh. 4 - Prob. 10DQ
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- Why is it important to match process capabilities with product requirements?arrow_forwardAs operations manager of Holz Furniture, you must make a decision about adding a line of rustic furniture. In discussing the possibilities with your sales manager, Steve Gilbert, you decide that there will definitely be a market and that your firm should enter the market. However, because rustic furniture has a different finish than your standard offering, you decide you need another process line. There is no doubt in your mind about the decision, and you ar e sure that you should have a second process. But you do question how large to make it. A large process line is going to cost $400,000; a small process line will cost $300,000. The question, therefore, is the demand for rustic furniture. After extensive discussion with Mr. Gilbert and Time Ireland of Ireland Market Research, Inc., you determine that the best estimate you can make is that there is two-out –of – three chance of profit form sales as large as $600,000 and a one-out –of – three chance as low as $300,000. With a large…arrow_forwardConsider a restaurant that you are familiar with. Using the concepts of the product-process matrix explain the best way to structure the kitchen. Is the current design structured for effectiveness and efficiency?arrow_forward
- What are the possible advantages and disadvantages of outsourcing processes in a production company?arrow_forwardWhat type of process—project, job shop, flow shop, and continuous flow—would most likely be used to produce the following? Explain your reasoning. Personal computers - Weddings- Paper-Continuous Paper Books- Tax preparation - What type of process – project, job shop, flow shop, and continuous flow – would most likely be used to produce the following? Gasoline- Air-conditioners - Specialized machine tools- Ships- Producing many flavors of ice cream-arrow_forwardIn operation management, How does rapid prototyping facilitate faster iterations and product improvements?arrow_forward
- What is a process flowchart, and what is it used for? Give some examples of automation. How has automation changed the production process?arrow_forwardWhat are the major process strategy decisions and their effect on operations?arrow_forwardGive a shining example of how process choices can lead to competitive advantages?arrow_forward
- Using Operations to Create Value”? Do multiple measures of cost, top quality, quality consistency, delivery speed, and on- time delivery meet or exceed expectations? Is there a good strategic fit in the process?arrow_forwardIn the following operations, isolate a system for analysis and define customers, services produced, suppliers, and the primary process flows. a. A college b. A fast-food restaurant c. A library Please select one to discuss.arrow_forwardExplain the two conditions that are required in process flexibility ?arrow_forward
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Process selection and facility layout; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=wjxS79880MM;License: Standard YouTube License, CC-BY