Regarding differences between goods and services

Assignment Help Operation Management
Reference no: EM131128376

Which is NOT true regarding differences between goods and services?

A) Tangible goods are generally produced and consumed simultaneously; services are not.

B) Most goods are common to many customers; services are often unique to the final customer.

C) Services tend to have a more inconsistent product definition than goods.

D) Services tend to have higher customer interaction than goods.

E) None, i.e., all of the above are true.

Reference no: EM131128376

Questions Cloud

What is the firm new labor productivity : The Dulac Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 500 boxes per day, in two 8-hour shifts (250 boxes per shift). These changes did not require any change in the am..
What is her percentage increase in productivity : Susan has a part-time business producing seasonal plywood yard ornaments for resale at local craft fairs and bazaars. She currently works 8 hours per day to produce 16 ornaments. What is her productivity? What is her percentage increase in productivi..
How many hours of production time will be scheduled : Robin Tires, Inc. makes two types of tires, for SUV’s and Hatchbacks. The firm has 500 hours of production time, 250 hours of packaging, and 150 hours available for shipping. How many hours of production time will be scheduled in each department? Wha..
Develop system for evaluating the productivity : As the administrative manager in a law office, you have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office. What difficulties are you going to have in doing this, and how are you going to overcome them?
Regarding differences between goods and services : Which is NOT true regarding differences between goods and services?
Calculate the capacity of each resource in the process : At the security station of Singapore Airport, all carry-on bags must first be X-rayed. Two resources are involved in X-raying. First, there is a conveyer belt that moves the bags through the X-ray machine. Draw a process-flow diagram for this process..
What ways have unions begun to collaborate internationally : All components of globalization have increased dramatically since the 1970s. Many companies in the U.S. now do business abroad, invest abroad, and have relocated facilities abroad. Given the extent of this corporate internationalization, why haven’t ..
The field of operations management is shaped by advances : The field of operations management is shaped by advances in which of the following fields?
Discuss at least three potential issues in utilizing ratio : As your text describes, ratio analysis is a common technique in financial analysis. One of your colleagues states that a thorough ratio analysis is all that is needed in considering the financial health of a company.  Discuss at least three potential..

Reviews

Write a Review

Operation Management Questions & Answers

  Draw a decision tree showing the decisions

Draw a decision tree showing the decisions, chance events, and their probabilities, as well as the profitability of outcomes, and solve the decision tree EVsmall expansion = $, EVlarge expansion = $

  What comments can you make about the results of the survey

What comments can you make about the results of the survey?

  What is the new system of government to be called

Give a brief explanation of why or why not, and be sure to address each of the four questions that comprise this problem.

  How are these systems related to p&g business strategy

What management, organization, and technology issues had to be addressed when implementing Business Sufficiency, Business Sphere, and Decision Cockpits?

  The federal trade com­mission would consider this ad

Orange Company makes computers. The company’s ad states that “if you aren’t eatin’ an Orange, you aren’t gettin’ any ‘C.’ ” The Federal Trade Com­mission would consider this ad What is the answer? false and misleading. impermissibly vague and general..

  What is the approximate value of the reorder point

Sage Lorimer runs an electronics store that sells a variety of gadgets, accessories, and general consumer electronics. The daily demand for a particular item is 21 units, the lead time is 10 days on average, the standard deviation of the lead time is..

  When making purchasing decisions should a corporation

when making purchasing decisions should a corporation reduce its ethical standards in order to allow the company to

  Cell phones at a best buy store is normally distributed

Weekly demand for Motorola cell phones at a Best Buy store is normally distributed, with a mean of 300 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a CSL of 95% percent and monitors its i..

  Use epq to calculate the the order quantity

Use EPQ to calculate the the order quantity? What is the total annual inventory cost of the EPQ plan?

  Contrast an unstructured with a situational interview

Contrast an unstructured with a situational or behaviorial interview. Also, discuss how an organization might improve the reliability and validity of the interview.

  Illustrate what is virtual network approach to structure

Illustrate what is virtual network approach to structure. Is use of authority also responsibility different compared with o r forms of departmentalization.

  How long will it take to produce the optimal quantity

Ross White wants to reconsider his decision of buying the brackets and is considering making the brackets in-house. he has determined that set-up costs would be $25 in machinist time and lost production time, Calculate the daily demand rate. Calcualt..

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