Volume flexibility - customers needs for a product, Operation Management

Volume Flexibility - Customers Needs For a Product

The readiness with which the operation systems output can be adjusted in response to sharp changes in customer demand. Products and services which are subject to changes in fashion present a particular challenge for the rapid adjustment of capacity. Ikea, the furniture retailer, has developed a supplier base and an efficient logistics system to allow it to react quickly to changes in demand, whilst maintaining relatively low levels of expensive inventory.

Posted Date: 3/18/2013 2:07:12 AM | Location : United States

Related Discussions:- Volume flexibility - customers needs for a product, Assignment Help, Ask Question on Volume flexibility - customers needs for a product, Get Answer, Expert's Help, Volume flexibility - customers needs for a product Discussions

Write discussion on Volume flexibility - customers needs for a product
Your posts are moderated
Related Questions
What are some advantages of a pay-for-knowledge pay system?

Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing cateri

What is risk? How does risk differ from uncertainty? How does it impact a business?

A cigar company stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 6 weeks a

How can job design be used to create a more motivated workforce? Be specific.

1) Discuss the meaning of MRP such as planned order release and scheduled order receipts? 2) Many practitioners currently update MRP weekly or biweekly. Would it be more valuabl

The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores sales are directly related to the number of new housing starts in

Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis

Industrial laundry's failure to protect workers against fall hazards has prompted $70,200 in proposed fines from the U.S. Labor Department's Occupational Safety and Health Administ

Our International Management text cites in Reading 1.2 that:"U.S Management theories contain a number of idiosyncrasies not necessarily shared by management elsewhere" and then pro