Osc 3050 - Study guides, Class notes & Summaries

BCOR 3050 OSC EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS economic value CORRECT ANSWER is a measure of the benefit provided by a good or service to an economic agent. Operations Management CORRECT ANSWER transformation of inputs to outputs. effectively and efficiently. inputs (raw materials)-----> the process(wip inv)-----> output(finished goods) What is operations management? CORRECT ANSWER the development and administration of the activities involved in transforming resources i...

BCOR 3050 OSC Exam 1 Latest 2023 with complete solution

BCOR 3050 OSC Exam 1 Latest 2023 Update Verified A

BCOR 3050 OSC Exam 1 Latest 2023 with complete solution Co-production happens more in which scenario? A. Products B. Manufacturing C. Services Services The ability to produce a product in high volume at roughly the same cost as standard products but customized to individual customer tastes is A. Variety B. Flexibility C. Mass Customization D. Volume Flexibility E. Postponement Mass Customization Some important decisions in Operations Management How to increase productivity (e...

BCOR 3050 OSC Exam 1 Latest 2023 with complete solution Co-production happens more in which scenario? A. Products B. Manufacturing C. Services Services The ability to produce a product in high volume at roughly the same cost as standard products but customized to individual customer tastes is A. Variety B. Flexibility C. Mass Customization D. Volume Flexibility E. Postponement Mass Customization Some important decisions in Operations Management How to increase productivity (e...

OSC 3050 WITH COMPLETE SOLUTIONS 100%2023/2024

BCOR 3050 OSC EXAM 1 WITH COMPLETE SOLUTIONS 100%2023/2024

New Product Development correct answers the overall process of strategy, organization, concept generation, product and marketing plan creation and evaluation, and commercialization of a new product (good or service) NPD Process correct answers A disciplined and definite set of tasks and steps that describe the normal means by which a company repetitively converts embryonic ideas into salable products or service More than 30,000 are introduced 80% Fail correct answers Poor market resear...

BCOR 3050 OSC Exam 1 Latest 2023 Update Verified A Co-production happens more in which scenario? A. Products B. Manufacturing C. Services Services The ability to produce a product in high volume at roughly the same cost as standard products but customized to individual customer tastes is A. Variety B. Flexibility C. Mass Customization D. Volume Flexibility E. Postponement Mass Customization Some important decisions in Operations Management How to increase productivity (effici...