SECTION 1 True/False l6 x 2-12 markal To be successfully identified in the marke
ID: 399631 • Letter: S
Question
SECTION 1 True/False l6 x 2-12 markal To be successfully identified in the marketplace as an order winner includes differentiation of the products or services offered amongst all the order qualifiers that is cheaper, quicker, better, and with higher flexibility as well as criteria not directly related to the firm's operations such as reputation, technical support, etc. Process is a basic work unit in any supply chain or production and operations management. Production equals the value of outputs produced divided by the values of input resources. 4. Decision theory is a general approach to decision-making when the outcomes associated with alternatives are often in doubt. 5. Regardless of the corporative strategy, each process strategy can work on its own since the process deals with only a small range of matters in the entire production and operations. 6. Organizations and businesses should involve their customers into their production and operations processes as much as possible, because by doing this vwill maximize their customer satisfaction.Explanation / Answer
1. True.
For the better placement of the products in the marketplace it is needed for the products to be cheaper, quicker with high quality.
2. True.
For the manufacturing and operation, the first step is to start the process for the production. The raw materials is being processed to form the finished goods.
3. False.
For the calculation of productivity, output produced by the company is divided by the input of the resources used in the production process.
4. True.
Decision theory is a general approach for the alternative which are often in doubt. So this is true.
5. False.
Process strategy involves the decision making. Process strategy is used to sort out the current resources for the production process. Process strategy is used to transform the resources into goods and services. So the whole production process involves process strategy and not a small range of matters.
6. True.
It is very true that if the companies make production decisions on the basis of the customer's needs then customers will be more satisfied and the company can get a chance for long term survival.
Hope this helps :)
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