Service speed versus personalized service

Assignment Help Operation Management
Reference no: EM131280540

A tradeoff can be defined as “a giving up of one thing in return for another” (Merriam Webster Online Dictionary). Manufacturing and service firms face tradeoffs in the utilization of their resources, such as the choice between low-cost delivery and a luxurious facility, or service speed versus personalized service.

Choose TWO of the following topics, and discuss the realities and implications of tradeoffs in the operations of manufacturing and/or service firms.

Label your answers clearly, with the letter of the topic that you are discussing.

a. Process strategy and process choice

b. Capacity and/or inventory management

c. Supply chain management

d. Quality and performance measurement

Reference no: EM131280540

Questions Cloud

Research haynes international developer of heat : Research “Haynes International” developer of heat and corrosive resistant alloys and identify a new international marketplace business could enter. Prepare an entrance strategy for this business that includes three basic decisions used to enter the m..
Understand and can describe countertransference : Can differentiate between rapport and empathy and describe the importance of each. Understand and can describe countertransference. Understands and can identify and describe the major assessment models.
Telecommuting and other mobile work arrangements : Given the growth in telecommuting and other mobile work arrangements, how might offices physically change in the coming years? Will offices as we think of them today exist by 2020? Why or why not?
Produces extension ladders for the construction trade : High-Top Manufacturing produces extension ladders for the construction trade. They are considering automation in order to reduce the labor content needed to make each ladder. At present, there are 7 workers who produce an average of 80 ladders per ho..
Service speed versus personalized service : A tradeoff can be defined as “a giving up of one thing in return for another” (Merriam Webster Online Dictionary). Manufacturing and service firms face tradeoffs in the utilization of their resources, such as the choice between low-cost delivery and ..
Highest probability that the transaction is fraudulent : The fraud management solution is based on a scoring model. For example, assume the scores range from 1 to 10, with 10 being the highest probability that the transaction is fraudulent. What cutoff score would you use to decide to approve a purchase?
The relationship between humans and technology : The relationship between humans and technology, one must focus on the meaning given to technologies by those who design, develop, and use them. What should David Homer and Brad Taylor do to make innovation part of General Mills Canada’s culture?
Investments differ in the estimated long-run profit : A company is considering seven large investments. Each investment can be made only once. These investments differ in the estimated long-run profit that they will generate as well as the amount of capital required as shown in the table below (in milli..
Adopted corporate strategy aimed at minimizing possibility : Bravo enterprises has adopted a corporate strategy aimed at minimizing the possibility of their employees becoming unionized. the company recently instituted a rule that employees could not discuss unionizing or distribute union literature while on w..

Reviews

Write a Review

Operation Management Questions & Answers

  A garbage can model of organization choice

The Cohen, March, and Olsen article "A Garbage Can Model of Organization Choice" begins "Consider organized anarchies". Assume you are the chief administrative officer of a medium sized private hospital. You have just received advanced word on a fort..

  Which of the subsequent is the weighted moving

A Corporation wants to forecast demand using the weighted moving average. If the Corporation uses 2 prior yearly sales values, which of the subsequent is the weighted moving average forecast for year 2013.

  Assessing its overbooking policy

The Greybeard Busing Company is assessing its overbooking policy for the Miami–Fort Myers run. The number of customers who don’t show up after reserving a ticket is uniformly distributed from 1 to 10 (10% chance of 1 no show, 10% chance of 2, etc.). ..

  Read the section on technological safeguards

Read the section on Technological Safeguards in Chapter 10 of your Information Systems Today textbook. Providing security for an organization can be a costly venture. The cost of safeguarding our information and resources should never exceed the valu..

  Use a work breakdown structure or similar tool to describe

use a work breakdown structure or similar tool to explain the major activities to be completed as part of the project.

  What are the underlying economic causes for this difference

The pipeline industry has approximately 100 companies, as compared to the motor carrier industry which has 50,000. What are the underlying economic causes for this difference?

  Incentive plan to fail

In your view, what might cause an incentive plan to fail? (Minimum 300 words)

  Red zuma project-project management-the managerial process

Red Zuma Project: Project management- the managerial process 6th edition I need help with this I am really lost can be found in pages 646-651 could you make this where I can copy it and paste it into Microsoft project: These are the questions that ar..

  The pareto chart is a widely used quality tool

The Pareto chart is a widely used quality tool. The principles of Pareto analysis have been used in many projects. Which of the following statements is an inappropriate application of a Pareto chart?

  Describe advantages of having diverse workforce

You work for a large financial institution that in the past ten years has developed new products and services that appeal to a very diverse customer base located throughout the world.

  Elements of the u.s. transportation system

Choose four of the following elements of the U.S. transportation system. List 2 benefits and 2 drawbacks of each element you choose:

  Which of these statements about shared assumptions

Which of these statements about shared assumptions is true? They are not taken-for-granted perceptions but rather conscious decisions. They are so deeply ingrained that they probably cannot be discovered by surveying employees. They are the same as e..

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