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Author Question: In operations management, using resources to create value by providing customers with goods and ... (Read 77 times)

joe

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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


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raenoj

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Reply #1 on: Jul 14, 2018
Answer to Question 1

A

Answer to Question 2

True


joe

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Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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