Volume flexibility - customers needs for a product, Operation Management

Assignment Help:

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.


Related Discussions:- Volume flexibility - customers needs for a product

Explain when a female supervisor demands sexual favours, When a female supe...

When a female supervisor demands sexual favours from a male employee so that he can keep his job or get a raise, it is called this- a. same sex harassment b. quid pro quo har

Describe why operational efficiency is so important, Explain why operationa...

Explain why operational efficiency is so important to Net Income, Return on Capital and Income.

Calculate annual demand for the inventory item, Ashish  keeps  his  invento...

Ashish  keeps  his  inventory in special containers. Each  container occupies 10  sq fit of  store space. Only  5000 sq ft  of the storage space is available. The  annual demand fo

Explain should you raise or lower price, If elasticity is -2, price is $10,...

If elasticity is -2, price is $10, and marginal cost is $8, should you raise or lower price?

How company created to make miniature building, Miniature replicas are- ...

Miniature replicas are- a) Subsidiaries structured to mirror that of domestic organizations b) Small scale reproduction of each firm to show at office meetings c) Company

Evaluate the statement work center to minimize idle time, Evaluate the stat...

Evaluate the statement: "In lean operations, when work is completed at one work center, it is important to immediately move the completed work to the next work center to minimize i

Explain what will be the company''s return on equity, Midwest packaging's R...

Midwest packaging's ROE last year was only 3%, but its management has developed a new operating plan that calls for a debt-to-asset ratio of 60%, which will result in annual intere

Explain change effect medical institutions, In your opinion do you think To...

In your opinion do you think Tort Reform will benefit the patients or the medical practitioners? How will this change effect medical institutions?

Describe what is the productivity, A local market research firm has just wo...

A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each

Explain object oriented database model, The relational database model gaine...

The relational database model gained popularity and many proponents during the 1980's and 1990's, a period of time in which IT organizations were seeking to consolidate data from m

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