Test Bank for Operations Management, 3rd Edition by Gerard Cachon
130 views 8 purchases
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
...
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
Version 1 1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $29.99. You're not tied to anything after your purchase.