Reference no: EM132209071
Which of the following inefficiencies in a grocery store’s operations results from inflexibility?
1. Leftover fruits and vegetables
2. Delivery delays from the warehouse
3. A surge in customer arrivals at one time
4. Employee work schedules set a week in advance
Which of the following operational decisions correspond to the consumption utility component of the consumer utility function?
Instructions: You may select more than one answer.
When will the demand be fulfilled?
How efficiently will the products or the services be delivered?
What is the product or service to be delivered?
Where will the demand be fulfilled?
The set of products or services a business offers to its customers is called:
1. demand.
2. bundle.
3. supply.
4 value.
"Match supply with demand" means:
1. tell customers what they want.
2. offer customers what they want.
3. explain to customers what they want.
4. invest in marketing.