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 23 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
:D TYSM

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Japanese farmers create pentagon-shaped oranges Japanese farmers create pentagon-shaped oranges
Both individuals and organizations do impression management, trying to communicate messages about ... Both individuals and organizations do impression management, trying to communicate messages about ...
Computed tomography (CT) uses X-rays to create a CT scan of the brain. Computed tomography (CT) uses X-rays to create a CT scan of the brain.
Forest Fire Management Forest Fire Management
Financial Management: Core Concepts Financial Management: Core Concepts
Fundamentals of Management: Essential Concepts and Applications Fundamentals of Management: Essential Concepts and Applications
Video: Neural Reflex Arc Animation

For a complete list of videos, visit our video library