Operations Management 1. An Enterprise resource-planning system helps a company? a. Find new low cost suppliers Find new customer segments Find new sources of raw materials Find real time inventory balances

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...
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Operations Management

1. An Enterprise resource-planning system helps a company?
a. Find new low cost suppliers
Find new customer segments
Find new sources of raw materials
Find real time inventory balances
2. Stack & Associates, LLC is a local based accounting firm that prepares and does audits for small businesses. Which type of business is the firm considered?
Service
Entrepreneurial
Counseling
Goods
3. Which of the following can influence a firm’s choice of production location?
The life cycle of the firm’s product
The firm’s organizational hierarchy
The gray market activities in a location
The degree to which the firm’s product is standardized
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