4 weeks ago - Excess capacity arises when actual production is more than what is achievable or optimal for a firm.
4 weeks ago - It is based upon determining the breakeven point of cost and volume of goods and can be useful for managers making short-term economic decisions.
4 weeks ago - Service design is a profit-centered approach that focuses on customer experience and the quality of services rendered as the key value for success.
4 weeks ago - This happens when there is an opportunity in the market to be explored by the design of a product.
4 weeks ago - A thing that is accepted as true or as certain to happen, without proof.
4 weeks ago - Analysis is a detailed examination of the elements or structure of something, typically as a basis for discussion or interpretation.
4 weeks ago - Demand-push happens when there is an opportunity in the market to be explored by the design of a product.
4 weeks ago - Combines ergonomics with product and business knowledge to generate ideas and concepts and convert them into physical and usable objects or services.
4 weeks ago - Reliability can have an impact on repeat sales and reflect positively on a product's image.
4 weeks ago - If a firm lacks the expertise to do the job satisfactory making might be reasonable alternative.
4 weeks ago - The most important concept of capacity planning is to find a medium between long term supply and capabilities of an organization and the predicted level of long term demand.
4 weeks ago - Long-term relates to overall level of capacity such as facility size, trends, and cycles. Short-term, on the hand, relates to variations from seasonal, random, and irregular fluctuations in demand.
4 weeks ago - Denotes a plan for achieving Evert production system has no objective.goals.
4 weeks ago - Involves coordinating internal and external operations (buyers and suppliers) to achieve timely and cost-effective delivery of goods throughout the system.
4 weeks ago - Mass Production is when facilities are arranged as per the sequence of production operations from the first operations to the finished product.
4 weeks ago - Organizations with higher productivity rates than their competitors have a competitive cost disadvantage.
4 weeks ago - It is concerned with overseeing, designing and controlling the process of production, redesigning business operations in the production of goods or services with the objective of balancing the supply with demand.
4 weeks ago - Should reflect joint efforts of many areas of the firm to achieve a match between financial resources, operations capabilities, supply chain capabilities, and consumer wants and needs.
4 weeks ago - Competitiveness refers to how effective an organization meets the wants and needs of customers in comparison to its competitors that produce the same goods/services.
4 weeks ago - These characteristics of an organization's goods or services cause it to be perceived as better than the competition.
4 weeks ago - This can be defined as the process of planning the production in advance, setting the exact route of each item, fixing the starting and finishing dates for each item, to give production orders to shops and to follow up the progress of products according to orders.
4 weeks ago - Which of the following statements is not true? Question 1Select one: a. A multinational company is a firm or company that has "headquarters" in one country but with bases, manufacturing or assembly plants in other countries. b. Economic globalization is enhanced by the acquisition of multinational enterprises that resulted to the rise of the profits of that "global marketplace". c. Economic globalization leads to the development of a "global marketplace" or "a single world market". d. Economic globalization is the independence of world economies as a result of the growing scale of cross-border trade of commodities and services.
4 weeks ago - Goods that are used to produce other goods or services are called economic growth and are also known as inputs or factors of production.
4 weeks ago - This is a concept wherein people are willing to pay to avoid the item.
4 weeks ago - This is the rate at which the currency of one country is converted into the currency of another country.
4 weeks ago - This will serve as the virtual calssroom where students can join real-time classes conducted by the mentor.
4 weeks ago - FILL IN THE BLANK: Students are only given ____ initial attempts in their quizzes for those in adaptive mode.
4 weeks ago - How many times can students avail the extension program? (Note: Answer should be in numerical form)
4 weeks ago - Fill in the blanks. Students of Graduate Studies are allowed to enroll in a minimum of ______ and maximum of _____ subjects, based on the curriculum they are in.
4 weeks ago - Fill in the blanks. Undergraduate students can enroll in a minimum of _____ subjects and a maximum of _____ subjects per term of enrollment.