57. Which of the following activities is not a direct responsibility of operations management?13 | Pagea) Goods productionb) storage/transportationc) entertainmentd) price reductionis an example of a pure good.a) Restaurantb) Dentistc) Coal Miningd) Education64. Which one of the following is not a typical question dealt with by an operations manager?a) How much capacity will be needed in the months ahead?b) What is a satisfactory location for a new facility?c) Which products/services should be offered?d) All are typical of operations decisions.65. Intermediaries play an important role in matchinga) dealer with customerb) manufacturer to productc) information and promotiond) supply and demand66. Raw materials and specialised services procured are converted into useful service offeringsand finaly distributed to customers in following Industrya) Hotelb) Cementc) Sugard) Refinery63.

57) option d is correct Price reduction 63) option c is correct Coal Mining 64) option d is correct…

Answered: a) Goods production b) c) entertainment…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Please answer the correct answer: 3. Which of the following strategies could be used when demand exceeds the capacity. - [ ] Stimulate the market through price reductions or aggressive marketing - [ ] Product changes. - [ ] decreasing prices of products - [ ] Discouraging marginally profitable business 4. Capacity decision determines which of the following? a. whether demand will be satisfied or whether facilities will be three-time horizons B. Capital requirements c. large portion of fixed costs. d. All of the above
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Spectrum Hair Salon is considering expanding itsbusiness, as it is experiencing a large growth. Th e question iswhether it should expand with a bigger facility than needed,hoping that demand will catch up, or with a small facility,knowing that it will need to reconsider expanding in three years.Th e management at Spectrum has estimated the followingchances for demand:• Th e likelihood of demand being high is 0.70.• Th e likelihood of demand being low is 0.30.Estimated profi ts for each alternative are as follows:• Large expansion has an estimated profi tability of either$100,000 or $70,000, depending on whether demand turnsout to be high or low.• Small expansion has a profi tability of $50,000, assuming thatdemand is low.• Small expansion with an occurrence of high demand wouldrequire considering whether to expand further. If thebusiness expands at this point, the profi tability is expected tobe $90,000. If it does not expand further, the profi tability isexpected to be $60,000.Draw a…
1) Specify Louis Vuitton main activities – while highlighting their nature from an operation management perspective for forecasting scheduling 2) Suggest a capacity enhancement factor (how can Louis Vuitton’s capacity be enhanced?
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Operations Management Fall20 Using exponential smoothing method, forecast the demand for the fourth period. The historical demand for the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals) 11 J لم يتم الجابة عليه اخترأحد الخيارات 2.00 jo yall Lis ale P Jljull a. 42.89 O b. 42.8 O C. None is correct O d. 42 O e. 41.92 O 0:55:09 aali 1950 d) ENG 01/12/2020 Nevt O Type here to search

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a) Goods production b) c) entertainment d) price reduction storage/transportation