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Test Bank for Operations Management, 3rd Edition by Gerard Cachon $29.99   Add to cart

Exam (elaborations)

Test Bank for Operations Management, 3rd Edition by Gerard Cachon

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  • Course
  • Operations Management
  • Institution
  • Operations Management

Test Bank for Operations Management 3e 3rd Edition by Gerard Cachon, Christian Terwiesch. ISBN-13: 8361 Full Chapters test bank included Introduction to Operations Management 2 Introduction to Processes 3 Process Analysis 4 Process Improvement 5 Process Analysis with Multiple Flow Units ...

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  • November 28, 2022
  • 566
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
  • Operations Management
  • Operations Management
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Tutor247
Chapter 01 – 3e
1) The set of products or services a business offers to its customers is called _________.

A) demand
B) bundle
C) supply
D) value




2) The set of products or services customers want is called _________.

A) demand
B) bundle
C) supply
D) value




3) "Match supply with demand" means _________.

A) telling customers what they need while reducing prices
B) offering customers what they want while also making a profit
C) explaining to customers what they should want while lowering costs
D) investing in marketing and automation




4) Which of the following is NOT a goal of operations management?

A) Understanding the drivers of customer utility
B) Matching supply with demand
C) Making a profit while providing customers what they need
D) Providing great products at low prices to customers




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