Multiple Choice
OM's transformation role is to add value. Value added is
A) performing activities well for the least possible cost
B) the net decrease between output product value and input material value
C) increasing product value in the first stage
D) the net increase between output product value and input material value
E) customizing a product, regardless of expense, to satisfy customer needs
Correct Answer:

Verified
Correct Answer:
Verified
Q13: Which of the following is not an
Q14: Which business function is responsible for managing
Q15: A company with a low customer contact
Q16: Operations management is responsible for orchestrating all
Q17: Operations management interacts with which of the
Q19: Just-in-time philosophy is applicable in:<br>A) Service organizations<br>B)
Q20: Service providers' "back room" activities, like _,
Q21: Which of the following is an example
Q22: What are long-term decisions that set the
Q23: The history of Operations Management reflects.