menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Operations Management Study Set 4
  4. Exam
    Exam 1: Introduction to Operations Management
  5. Question
    Operating at Minimum Cost and Time Is Referred to as ___________
Solved

Operating at Minimum Cost and Time Is Referred to as ___________

Question 42

Question 42

Multiple Choice

Operating at minimum cost and time is referred to as ___________.


A) Value added
B) Efficiency
C) Effectiveness
D) Trade-offs
E) Economies of scale

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q37: In the Historical Evolution of Operations Management.Which

Q38: Which is not a significant difference between

Q39: Operations managers,who usually use quantitative approaches,have no

Q40: Which of the following functions is mostly

Q41: Which of the following is not a

Q43: Value-added refers to the cost of the

Q44: The operations function exists only in firms

Q45: Queuing techniques are useful for analyzing situations

Q46: A basic difference between manufacturing and service

Q47: Scheduling jobs is a system design decision

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines