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Low Price and Product Features - Operation Strategy
Low price
The ability of the operations system to satisfy the customers' requirements more cost-effectively (and by implication at lower price) than competitors. Virgin Atlantic captured a significant segment of the cross-Atlantic air-travel market by providing customers with a low-priced service.
Product features or performance
The extent to which a product or service offers more features or otherwise out-performs the offerings of competitors. Companies such as Porsche, Rolex and Hilton Hotels compete on these order winners.
A star product is one that A) in the growth stage but has a low market share B) Has negative to low earning characteristics C) Continues to increase market share even at t
What is ABC analysis in inventory control? Discuss its advantages/disadvantages
The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials
process flow analysis
tools of time study
Question: A company has to make product deliveries from one of its four warehouses to customers in three areas. The table below shows the transportation costs (Rs) per product,
How is the search industry changing? What forces seem most likely to bring about major change to the industry within the next three to five years?
Find and read the article listed below and then in a 3-4 page paper answer the following: Required Materials Aleda V Roth, Andy A Tsay, Madeleine E Pullman, John V Gray (2008, Jan)
Mass Customisation - Operation Strategy This example of mass customisation is rather limited in scope to denim trousers. A customer who wishes to purchase a jacket of a partic
1 Consider a local telephone company offering triple-play (TV, Internet, and Phone) services to residential customers in a single metropolitan area. What might be the reasons that
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