Advantage of just-in-time inventory systems

Assignment Help Operation Management
Reference no: EM131642715

1. Historical comparisons provide information to managers about changes in the competitive position of a firm. Historical comparisons often are misleading _____________.

   a. if the overall strategy of the firm is the same

   b. if the firm shows constant growth

   c. in periods of recession or economic boom

   d. if the firm's stock is publicly traded

2. Which of the following is not an advantage of Just-In-Time inventory systems?

   a. reduced raw material storage costs

   b. minimized idle production facilities and workers

   c. reduced dependence on suppliers

   d. reduced work-in-process inventories

Reference no: EM131642715

Questions Cloud

What is your coaching style : What is your coaching style? what can you do to start using the other styles as well?
When should you use an industry analysis : When should you use an industry analysis? Why was the Department of Homeland Security (DHS) established? Why was FEMA integrated into DHS?
How to decide matters of sexual morality is most convincing : Which perspective on how to decide matters of sexual morality is most convincing to you, Utilitarian, Kantian, or Natural Law?
The aging of the population-changes in ethnic composition : The aging of the population, changes in ethnic composition, and effects of the baby boom are ____
Advantage of just-in-time inventory systems : Which of the following is not an advantage of Just-In-Time inventory systems?
The threat of new entrants is high when there are : The threat of new entrants is high when there are.
Incumbent firms may enjoy increased bargaining power : Incumbent firms may enjoy increased bargaining power because the Internet _____. The bargaining power of suppliers increases as _____.
Bargaining power of buyer is greater than that of supplier : The bargaining power of the buyer is greater than that of the supplier when __________
Loyalty of knowledge worker to his or her employing firm : Today, the loyalty of a knowledge worker to his or her employing firm has __________ compared to his or her loyalty to his or her profession and colleagues

Reviews

Write a Review

Operation Management Questions & Answers

  Compute the mortality and autopsy statistics

Compute the following mortality and autopsy statistics to include in the memo to Dr. Fox- Percentage of total deaths that were surgical, NOTE- surgical deaths do not include those with minor procedures as described in the Definitions above.

  Describing methods for conflict resolution

Differentiating common organizational structures and how they affect project processes and activities.

  Electric service for businesses and consumers

In many geographic areas, there is only a single provider for gas and electric service for businesses and consumers. However, the government regulates that firm to ensure price protection for the buyer. This is an example of

  Describe an industry analysis and its purpose

Describe an industry analysis and its purpose. Give two examples of the types of questions an industry analysis might answer. In your discussion also include an analysis of the chosen two areas and how they affect the strategic planning process

  Problem - supply chain coordination

How many units of the product should the retailer order to maximize its expected profit? What is the associated retailer's expected profit and the supplier's expected profit?

  Make recommendations about lean principles implementation

Assume you are a lean consultant and the CEO of Dignity Healthcare called you and said he had to reduce his operational costs

  Current public issue about which something must be done

Identify a current change in an organization with which you are familiar. Alternatively, identify a current public issue about which “something must be done”. In relation to the change issue, think about what sense-making changes might need to be ena..

  Most inventory control models

What are the key questions to be answered by most inventory control models?

  Describe the political and legal systems

Describe the political and legal systems. How much does the government intervene in the private sector. How will that affect your financial institution

  Appointed international human resource of multinational

You have been appointed international human resource manager of a multinational in your home country. The company is facing a big problem due to the lack of motivation of the workforce. Top managers tell you that this is due to a bad compensation sys..

  Product process matrix for analysis

Product Process Matrix For Analysis

  Is this suretyship or guaranty agreement

Air Ruidoso, Ltd., operated a commuter airline and air charter service between Ruidoso, New Mexico, and airports in Albuquerque and El Paso. Suppose that a clause in the contract between Air Ruidoso and Executive Aviation provides that “if the airlin..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd