Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
expand_more
expand_more
format_list_bulleted
Question
Chapter 6.2, Problem 1P
Summary Introduction
Interpretation:Two functional and innovative products are to be identified.
Concept Introduction:Functional and innovative products are differentiated on the basis of the type of the product demand and the relative novelty of the product. The functional product is already in the maturity stage of the product life cycle while the innovative product is still in the introduction stage or may have just entered the growth stage of the product life cycle. This is not available in normal retail outlets but may be available at the company introducing the product or at a few select locations.The customer profile for the two types of products is totally different.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
I have already applied multidomestic strategy to my grilled burger business in Australia. So,what is the appropriate primary value chain activity of the business in Australia relevent with the multidomestic strategy?
Among the innovative product nowadays which do you think is the most important, explain your answer
Doing a value chain analysis is a fantastic way of following a process to review all of the ways you can generate value for your customers. Based on the following information, students are required to create/draw (infographic) value chain to the identified organization below.
PIZZA HUTLet’s look at the value chain of Pizza Hut:PRIMARY ACTIVITIESInbound logistics: This includes all of the sourcing activities to procure and standardize all of the produce, ingredients and materials to bake pizza’s fast, consistently, and delicious – in house. They capitalize on economies of scale, and use massive global purchase orders to source the best prices on raw products for their restaurants.Operations: By targeting areas where there is an affinity for Italian food, Pizza Hut operates in a huge number of countries globally with a licensing model where stores are managed by a local franchise owner.Outbound logistics: There are two models that Pizza Hut capitalizes on, in store dining and their home…
Chapter 6 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 6.2 - Prob. 1PCh. 6.2 - Prob. 2PCh. 6.2 - Prob. 3PCh. 6.2 - Prob. 4PCh. 6.2 - Prob. 5PCh. 6.2 - Prob. 6PCh. 6.2 - Prob. 7PCh. 6.2 - Prob. 8PCh. 6.5 - Prob. 10PCh. 6.5 - Prob. 11P
Ch. 6.5 - Prob. 12PCh. 6.5 - Prob. 13PCh. 6.5 - Prob. 14PCh. 6.5 - Prob. 15PCh. 6.5 - Prob. 16PCh. 6.6 - Prob. 17PCh. 6.6 - Prob. 18PCh. 6.6 - Prob. 19PCh. 6.6 - Prob. 20PCh. 6.6 - Prob. 21PCh. 6.9 - Prob. 22PCh. 6.9 - Prob. 24PCh. 6.9 - Prob. 25PCh. 6.9 - Prob. 26PCh. 6.9 - Prob. 27PCh. 6.9 - Prob. 28PCh. 6.9 - Prob. 29PCh. 6.9 - Prob. 30PCh. 6.9 - Prob. 31PCh. 6.10 - Prob. 34PCh. 6.11 - Prob. 37PCh. 6.11 - Prob. 38PCh. 6.11 - Prob. 39PCh. 6.11 - Prob. 41P
Knowledge Booster
Similar questions
- Operations Management (OM) strategy changes according to the product stage in the Product Life Cycle (PLC). Choose ONE (1) of these following products and discuss its OM strategy based on its stage in PLC. i) Smartphone ii) Newspaper iii) Autonomous transportarrow_forward(A) What are the primary and supporting activities in a company's value chain? Please briefly explain these activities. (B) Are both primary and supporting activities a source of competitive advantage? Why or Why not?arrow_forward“In the modern complex and competitive environment it is crucially important to stay afloat and stay different.” Considering the fact, if you are in business of Haversack bags also known as Bag Packs, identify and discuss the factors that you would consider for creating differentiation in the business.?arrow_forward
- What is Ecodesign?arrow_forwardMechanics : 1. What are the different Microsoft Products you use? 2. What is your favorite Microsoft Product that you use, and why? 3. Rate your expertise in Microsoft Products (1 is the lowest and 10 is the highest) and how did you come up with that rating?arrow_forwardDiscuss the meaning of the following statement: “Good mission statements identify the utility of a firm’s products to its customers.”arrow_forward
- If you are the Head of warehousing operations and are sponsoring and leading the initiative to implement one of the 2 technologies, what process would you put in place for a successful a. Selection of the right technology b. Implementation and go-live c. Handover from Hypercare to steady statearrow_forwardDescribe your product or service offering as it is currently in terms of features and benefits, price and the total cost of ownership as discussed in the week’s readings Is it more product dominant or service dominant? What are the tangible and intangible aspects?arrow_forwardFor any product, the various stages of product life cycle requires a different strategy of operations of a firm. Identify a product of your choice (new or existing) and discuss the strategies related to operations management for each stage of the product life cycle.arrow_forward
- "Currently, the trend has been moving toward outsourcing combined with the creation of supply chain relationships, although traditional firms preferred the"make" option QUESTION: what drives organizations to make their own materials, components, services, and/or equipment in the house instead of outsourcing? word count: 300 wordsarrow_forwardI'm doing a PowerPoint for Chick-fil-A's operation management, I'm doing slides for "Value Attributes" and "Value Delivery" Value Attributes. List and briefly discuss the value attributes the organization isexpected to deliver, including order qualifiers and winners. Value Delivery. Discuss how the organization did and did not deliver on each of theexpected value attributes. While you should not simply retell your experiences, briefand specific examples may help here. Also, offer a summary of your encountersincluding aggregate statistics (e.g., average, standard deviation, high, and low scores). What should I write?arrow_forwarddiscuss the various activities both from the purchasing and supplying perspective and with a simple diagram describe how goods move from the supplier of raw materials through to the customer.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.