Quality, variety, availability of manufactured products, Operation Management

Assignment Help:

Ques: What do you think happened to the quality, variety, availability or cost of agricultural or manufactured products - or the level of competition?

Ans: Quality increased; variety exploded; availability dramatically; and cost reduced to the point where the average person may own products once only owned by the very rich. At the same time competition as increased dramatically. Consider the range of products in front of you - shirts; shoes, food, MBA degrees - how many competitors are competing for your business in each of those markets? Compare the purchase of a motor car around the turn of the 20th and 21st century. Few but the very rich could afford such a product around the 1900's. It would be hand made, usually to order and there would be few suppliers. The quality of the product may have been good but there have been significant variability in the quality of one car to the next. This variability is an important aspect of operations and will be considered again later in the text.


Related Discussions:- Quality, variety, availability of manufactured products

Explain industries is most likely to use database marketing, Which of the f...

Which of the following industries is most likely to use database marketing? a. A supermarket chain b. A school system c. A local restaurant d. A p

What must a short-term or long-term consequence make, What should a short-t...

What should a short-term or long-term consequence make a difference in resolving an ethical dilemma?

Describe harley davidson has excess capacity, Harley Davidson sells motorcy...

Harley Davidson sells motorcycle X and Y. Motorcycle X sells for $10,000, has variable cost (labour and material) of $2,000, and requires 10 hours of use of machinery to produce. M

Design a operations management system, The purpose of operations management...

The purpose of operations management is to make the best use of productive resources. It entails the design and control of all the systems for the productive use of various raw mat

Calculating Standard time, ) A time study analyst observes a worker over a ...

) A time study analyst observes a worker over a period of time and calculates that the worker required 90.0 minutes per unit produced. The worker was rated at a 105 percent perfor

Explain comparable worth, In detail, express your opinion regarding the "Co...

In detail, express your opinion regarding the "Comparable Worth" issue.

., define the following key terms in product layout;product interval,produ...

define the following key terms in product layout;product interval,product duration and assembly line balancing

Writing a problem statement, I want help on writing a problem statement for...

I want help on writing a problem statement for my project...

Calculate the optimum order quantity, 1. The annual demand for a product is...

1. The annual demand for a product is 8,000 units. The order cost is $30 for a single order. The cost of the item is $10 and the holding cost has been calculated at $3 to carry one

Explain administrative issues, Unit IV: At the Bargaining Table Unit V: Gri...

Unit IV: At the Bargaining Table Unit V: Grievances and Arbitration Unit VI: Wage Issues and Economic Supplements Unit VII: Institutional Issues Unit VIII: Administrative Issues

Write Your Message!

Captcha
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