Advantage of make-to-order relative to make-to-stock

Assignment Help Operation Management
Reference no: EM131397368

Which of the following is an operational advantage of make-to-order relative to make-to-stock?

Make-to-order provides faster delivery to customers than make-to-stock.

Make-to-order can always have higher utilization of resources than make-to-stock.

Make-to-order allows a firm to focus on producing a more limited variety of products.

Make-to-order is less likely to have leftover inventory that needs to be salvaged.

Reference no: EM131397368

Questions Cloud

Explain what a ratio is and how we use it : Explain what a ratio is and how we use it. How can knowing a ratio be helpful in your life? Where have you seen ratios?
Why is it useful to have so many units : Why is it useful to have so many units (dimensions)? Isn't it a hassle to constantly convert from 1 unit to the other?
Determine whether the groups differ based on welchs test : Responses to stress are governed by the hypothalamus.- Determine whether the groups differ based on Welch's test. Use α = 0.05.
Explaining the tasks an investigator should perform : Write at least two pages explaining the tasks an investigator should perform.
Advantage of make-to-order relative to make-to-stock : Which of the following is an operational advantage of make-to-order relative to make-to-stock?
Determine whether the groups differ based on welchs test : Responses to stress are governed by the hypothalamus. Imagine you have two groups of participants.- Determine whether the groups differ based on Welch's test.
Create a conceptual model of the project : Roger's diffusion of innovation theory is a particularly good theoretical framework to apply to an EBP project. However, students may also choose to use change models, such as Duck's change curve model or the transtheoretical model of behavioral c..
City varies directly with the population of a city : The water usage in a city varies directly with the population of a city. City A has a population of 325,000 people and uses an average of 28,925,000 gallons of water per day. How many gallons of water per day should we expect City B to produce if ..
Consider your own view of leadership : Consider your own view of leadership. How does understanding leadership as a vocation inform your understanding of the personal and moral commitments required of leaders? If leadership is not a job, but a calling, what responsibilities do leaders hav..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd