Because Appropriate Hard Measurements Are Not Always Intuitive or Obvious,the

question 12

Multiple Choice

Because appropriate hard measurements are not always intuitive or obvious,the potential for counting or tracking an irrelevant aspect of operations is high.Thus,it is often desirable to link operational performance measures with _________ to be sure they are strongly correlated.

• A) Tangible measurements
• B) Basic measurements
• C) Soft measurements
• D) Formal standards
• E) Customer panels

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Definitions:

Demand Uncertainty

The unpredictability of customer demand, making it difficult for businesses to accurately forecast sales.

Price Uncertainty

Refers to the fluctuation in the prices of goods or services in a market, which can be due to various factors including demand, supply, and external economic conditions.

Warehousing Space

The area allocated for the storage of goods in a building or designated area until they are ready to be shipped or sold.

Enrollment

The process of registering or entering into a membership, course, or program.