This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In operations management, using resources to create value by providing customers with goods and ... (Read 21 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jul 14, 2018
In operations management, using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits is known as _____.
 A) effectiveness
  B) efficiency
  C) throughput
  D) productivity

Question 2

Mr. Chase has opened a custom furniture business and is concerned about the costs associated with storing raw materials, machinery, and finished products. Mr. Chase should consider using a method of production known as just-in-time (JIT) production to help control his inventory costs.
 
 Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raenoj

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

True


joe

  • Member
  • Posts: 627
Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

The philosophical journey requires self-examination. Your responsibility as a critical thinker is to The philosophical journey requires self-examination. Your responsibility as a critical thinker is to
Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II
Rocking the leg to create rotation in the hip joint. Rocking the leg to create rotation in the hip joint.
Strategic Management: Concepts and Cases Strategic Management: Concepts and Cases
MANAGEMENT ACCOUNTING MANAGEMENT ACCOUNTING
MANAGEMENT ACCOUNTING MANAGEMENT ACCOUNTING
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library