In operations management, using resources to create value by ...

[joe]

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

[raenoj]

Answer to Question 1

A

Answer to Question 2

True

[joe]

Great answer, keep it coming

[parshano]

Thanks for the timely response, appreciate it