In Development of an Operations and Supply Chain Strategy, Which

question 31

Multiple Choice

In development of an operations and supply chain strategy, which of the following may be an important product-specific criteria to consider?

• A) Focus
• B) Production lot size
• C) Supplier after-sale support
• D) Learning curve
• E) Total quality management

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Definitions:

Fixed Cost

Costs that do not change with the level of output produced by a firm.

Lawn-mowing

The action of cutting the grass in a yard or garden using a lawn mower, often considered a routine maintenance task or a service industry.

Variable Costs

Expenses that change in proportion to the activity of a business such as costs for raw materials or production labor.

Snow-clearing

The process of removing snow and ice from outdoor surfaces, primarily roads and pavements, to ensure safe passage for vehicles and pedestrians.