In the Typical Organization, Increased Efficiency Leads to

question 25

Multiple Choice

In the typical organization, increased efficiency leads to

• A)higher operating costs.
• B)lower production costs.
• C)lower partial productivity.
• D)higher maintenance costs.

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Definitions:

Operations Planning Process

Involves the strategic and tactical steps taken by a business to forecast demand, match supply with demand efficiently, and manage resources to carry out its operations.

S&OP

Sales and Operations Planning; a process where executive level management regularly meets to review projections for demand, supply, and the financial impact.

Functional Silos

Organizational structures that segment a company into departments or divisions based on functions or roles, often leading to reduced communication and integration between different areas.

Operational Planning

The process of converting strategic goals and objectives into detailed plans and actions to achieve short-term operational goals.