When developing an operations and supply chain strategy, the most important consideration is that: Group of answer choices it supports the overall business strategy of the company it utilizes as little automation as possible it maintains more labor than capital it requires maximum capital investment.
Q: All of the following types of operations resources, if selected, should be compatible with a chosen…
A: Operation resources refer to the machines, equipment, tools, facilities, employees, geographical…
Q: Describe the fundamental concepts of Operations management with the help of relevant examples.
A: Operation management is the administration of business practices to create the highest level of…
Q: What issues does excessive demand forecasting create within a supply chain?
A: Demand forecasting entails projecting higher than the actual or existing level of demand.…
Q: Operations and supply chain management is concerned with the design and management of the entire…
A: Operation management generally inferred to handle and maintain the business applications to perform…
Q: Many organizations offer combination of goods and services to their customers. As you learned in…
A: The difference between service firms and manufacturers is the tangibility of their outputs.
Q: Process selection refers to deciding on the way production of goods or services will be organized.…
A: Customer involvement is an effective approach in which customer feedback is considered while…
Q: Operations
A: Amazon aims at the accomplishment of its strategic decisions which ultimately help it to accomplish…
Q: Describe how the view of operations as a process can be applied to the following types of work:a.…
A: Since you have asked for multiple sub parts, we will solve the first three sub parts for you. To get…
Q: Why does the proper operations and supply chain strategy keep changing for companies that are…
A: In today's ever-changing competitive market, it's critical for a business to be able to adapt…
Q: Draw operations strategy matrix for a successful restaurant. Fill up to 10 boxes out of 20 in the…
A: ANSWER IS AS BELOW:
Q: Many organizations offer a combination of goods and services to their customers, there are some key…
A: Managing operation is the key feature of management which helps to manage each and every section of…
Q: Describe the fundamental concepts of Operations management with the help of relevant examples
A: One of the important aspects of an organization is operations management. It is mainly concerned…
Q: What are the activities which are used to production and operations management functions. Production…
A: The production of goods and delivery of the services constitute an important part in the provision…
Q: What are the implications of these differences relative to managing operations?
A: Goods are tangible products manufactured, stored and transported by the company like cars, machines,…
Q: What are the major process strategy decisions and their impact on operations?
A: Strategic decision procedures include policy, plan design, policy development, begins to occur,…
Q: From an operations management position, why is the company able to charge premium prices? Why are…
A: Company change premium prices to their products, as they understand that applicable products are…
Q: 4 Vs of Operations management
A: Volume: It tells us about how much volume is required to fulfill specific demand. in low volume…
Q: In the following operations, isolate a system for analysis and define customers, services produced,…
A: A college This is an institution that imparts knowledge & education. The clients of a college…
Q: 1. Product gets the value-addition at every stage of its journey right from the raw material to the…
A: Operations management is the control of the processes that convert inputs into products and services…
Q: What are the pros of directing operations to the customer?
A: They examine their exhibition and plan ahead for customer acquisition in order to boost their…
Q: The following statement is true about outsourcing as it relates to business: O a. The price of…
A: Dear student as per our guidelines we can answer only 1 question in case of multiple questions…
Q: Doing things better is one of the functions of Operations Management. With the use of examples,…
A: Finance: It is the function of operation management that ensures that all the finances are properly…
Q: Describe the major priorities associated with the operations and supply chain strategy and the way…
A: To be determined; the major priorities associated with the operations and supply chain strategy and…
Q: Describe the benefits of directing operations to the customers
A: They assess their performance and come up with ideas on how to get more people to come to the show,…
Q: Instructions Identify four sample business operations (2 manufacturing and 2 service industries) and…
A: Introduction: Input, processing, output is one of the working models It is also known as IPO model…
Q: terns, and entrepreneurs to have a practical understanding of operations management from an early…
A: All aspects of the manufacturing process are overseen by operations management to guarantee optimal…
Q: snip
A: Operations Management: It is concerned with making production strategies, organizing resources,…
Q: a. Draw a diagram of the factory and determine the maximum rate at which the market can be served if…
A: 1. So considering the factory as bath tub we have the following data Capcicty of the bathtub = 40…
Q: What is the disadvantage of the collaboration between supplier, user, and purchaser in operations…
A: The answer is as below:
Q: The process of identifying other organizations that are bestat some facet of your operations and…
A: The right option is C. The process of identifying other organizations that are bestat some facet…
Q: Explain the important decisions that an operations manager has to make with the help of an example
A: An operations manager's position differs according to the industry or sector inside which they work.…
Q: List the principal inputs (transformed and transforming resources), transformation processes and…
A: Introduction: In general, in any kind of business environment, there are majorly 2 important factors…
Q: What are the major process strategy decisions and their effect on operations?
A: Policy development, strategy preparation, plan execution, control, and supervision are only a couple…
Q: Explain process decision in operations management with examples of questions that can be asked in…
A: Process management involves various stages that are required to complete a project successfully. A…
Q: The activities of the operations function are often very similar for both goods and services. How?
A: The function used to manage the process of creating goods and services is known as the operation…
Q: a-1. What is the maximum rate (gallons per hour) at which the market can be served if all valves are…
A: Average output is the product that is produced by each input in the production process.
Q: Some of the successful companies (e.g. Ford, Toyota, Google etc) organize their production and…
A: Operations management as a provider of value to its client and customers plays a wider role that is…
Q: What are the three types of models in operations management and the importance of them
A: To determine: The three types of models in operations management and the importance of them. Model:…
Q: Many organizations offer a combination of goods and services to their customers. As you know, there…
A: Managers are the one who manages the operation and other stages of making a product or services.…
Q: Many organizations offer a combination of goods and services to their customers. As you learned…
A: Production of goods and delivery of services differ from each other. In the production of goods,…
Q: Explain the process view of operations in terms inputs , processes , outputs, information flows,…
A: Process view of Operations:- Process view of Operations is outlined because the understanding that…
Q: What are the most important goals in operations and supply chain management?
A: Operations management is described as a means or a process of managing the operations of an…
Q: The bathtub theory of operations management is being promoted as the next breakthrough for global…
A: Effective Capacity The effective capacity rate refers to the quantity of output that can be…
Q: Think of an example of a manufacturing (e.g., 3M) or service (e.g., Southwest Airlines) firm.…
A: AMAZON.COM Amazon is multinational e-commerce technology company founded in 1994. Operations…
Q: In what general ways does technology have an impact on operations management decision making?
A: Technology is the backbone of an organization. Any new technology can make an organization…
Q: many U.S. firms have moved their manufacturing operations to overseas locations in the past decade.…
A: Manufacturing: This is the process of converting raw materials into finished products by the use of…
Q: Any business that produces something, whether tangible or not, must have an operations activity” Do…
A: Operating activities are the everyday exercises of an organization associated with delivering and…
When developing an operations and supply chain strategy, the most important consideration is that:
Group of answer choices
it supports the overall business strategy of the company
it utilizes as little automation as possible
it maintains more labor than capital
it requires maximum capital investment.
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- Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory Units Produced 25,000 Units Sold 20,000 Selling Price per Unit $146 Variable Sales and Administration Expenses $4 Fixed Sales and Administration Expenses $975,000 Direct Material Cost per Unit $26 Direct Labor Cost per Unit $1 Variable Manufacturing Overhead Cost per Unit $3 Fixed Manufacturing Overhead Cost per Month $977,500 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Absorption Cost of Goods Sold: Total Cost of Goods Sold Sales and Administrative Expenses: Variable Fixed Prepare an income statement under the variable costing method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Variable Cost of Goods Sold: Total Cost of Goods Sold Sales and Administrative Expenses:…Detailed information about any logistic company and the product or service it provides. The location and structure. The owners and their goals.Unilever Manufacturing operates year-round. The following data are pulled from thecompany’s most recent semi-annual report.Assets• Raw material inventory $120,000• Work-in-process inventory $50,000• Finished goods inventory $300,000• Property, plant, and equipment $500,000• Other assets $200,000• Total assets $1,150,000Condensed Income Statement• Revenue $2,000,000• Cost of goods sold $600,000• Other expenses $1,000,000• Net income $400,000Calculate the following based on a year duration:(a) Percentage invested in inventory (PIII);(b) Inventory turnover (TURNS); and(c) Weeks of supply (WOS)
- Describe the concept of database sharding in detail, including the various sharding techniques and their trade-offs. Give real-world examples of applications that use sharding effectively.1. A hotel tries to reduce the perishability of its services by selling last minute inventory at a highly discounted price. This technique presents threats to a company’s: A. Brand image B: Variability of services C: Relationships with suppliers D: Human resources turnover 2. Sometimes, hotel and airline companies upgrade guests to higher-end services. For such services, there are not a lot of word-of-mouth, reviews, or pictures available. For example, a hotel may upgrade a guest who paid for a regular room to a suite in order for the guest to experience an upscale product that the customer does not purchase often, but may purchase in the future. This situation, where a guest may experience an unfamiliar upscale service for the first time, is likely to result in a __________ in the __________ of services. A: increase, intangibility B: reduction, intangibility C: reduction, variability D: increase, variability 3. In hospitality and travel industries, customers and frontline…[The following information applies to the questions displayed below.] Harbortown Marine Products (HMP) manufactures and sells various fixtures for boat cabins. One fixture uses a specialized fitting that is not used in any other HMP product. The management of HMP has considered outsourcing the fitting for several years but has never identified a suitable supplier. HMP has collected the following data on the cost of the fitting: Materials Labor Manufacturing overhead Total Rivard Fittings, a local auto supplier, contacts HMP and tells them that because of the loss of one of Rivard's customers, there is enough capacity to produce up to 5,000 units of the fitting monthly. Rivard has offered to sell HMP any quantity (up to 5,000 units monthly) at a price of $20 per fitting. $ 6.40 4.80 14.40 $ 25.60 If Rivard supplies all of the 3,000 fittings currently produced by HMP, HMP will avoid all of the variable overhead associated with the fitting and one-third of the fixed overhead. Management…
- Observing and monitoring data. In the context of a distributed warehouse, the integration of each business intelligence (BI) component can be strategically employed to enhance operational efficiency and decision-making processes?Any company's main purpose is to benefit stakeholders and competitors. d. service 4. In a manufacturing company, the supply chain is a crucial value chain that does all of the following except: Finance and accounting, marketing and sales, inbound logistics, and customer service 5. Value-added business processes. Reengineering, process redesign, disruptive change d. Continuous improvement innovates by progressively improving.The Balanced Scorecard (BSC) Methodology, developed by Harvard Business School professors Robert Kaplan and David Norton, is a framework for translating strategies into operational terms and for linking operational and strategic controls. Briefly discuss this BSC methodology, explaining one (1) of the perspectives around which the model was developed. Using APA format, provide at least two citations with corresponding references page number and use appropriate in-text citation(s)
- A as others. 2 4 is a type of system that integrates the firm's functional areas like sales and marketing and accounting as well Enterprise system Legacy system Liturgical system None of the aboveThroughout his business's expansion, Andrew Langston has had to meet several challenges-not the least of which was selecting and using information systems to keep his business competitive. Information systems have played a critical role in QuickBiz's history. You explore how Andrew met those challenges in the chapters of Part Two:• In Chapter 4, "Business Hardware," you learn how to evaluate QuickBiz's hardware needs and determine whether it has used hardware resources wisely .• In Chapter 5, "Business Software," you learn how to determine the types of software QuickBiz needs as it grows, adds employees and customers, and streamlines its business processes.• In Chapter 6, "Business Networks and Telecommunications," you learn about the strategies OuickBiz uses to remain in constant contact with its messengers and customers-with the goal of improving its services .• In Chapter 7, "Databases and Data Warehouses," you learn the importance of one of business's most powerful…Colleen Company has gathered the following data pertaining to activities it performed for two of its major customers. Jerry, Inc. Kate Co. Number of orders 6 30 Units per order 1,000 420 Sales returns: Number of returns 4 5 Total units returned 50 140 Number of sales calls 13 5 Colleen sells its products at $290 per unit. The firm’s gross margin ratio is 20%. Both Jerry and Kate pay their accounts promptly and no accounts receivable is over 30 days. After using business analytics software to carefully analyze the operating data for the past 30 months, the firm has determined the following activity costs: Activity Cost Driver and Rate Sales calls $ 800 per visit Order processing 180 per order Deliveries 410 per order Sales returns 270 per return and $3 per unit returned Sales salary 107,000 per month Required: 1. Using customers as the cost objects, classify the activity costs…