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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 particular style, size, colour, pattern and material is still likely to find his requirements best met by the traditional job shop operation, the bespoke tailor. There is evidence of technology being used to customise the process at least cost. The Internet can provide what appears to be personalised service yet isn't. Financial services companies such as Virgin are beginning to introduce products generally referred to as aggregate products which provide a single account for all financial transactions including bank account, mortgage, credit card facilities and investments. These accounts may be a step towards mass customised personalised service.
Assess the challenges of managers providing accurate, timely, and effective feedback to employees. Recommend how managers can overcome any two of the challenges you identified.
Testing the Optimality: After obtaining the initial basic feasible solution the next step is test whether it optimal or not. There are two methods of testing the optimality of a
What is the difference in strategy in developing an initial layout for a new facility as comparedn to the strategy in improving the layout of an existing facility?
The expected average rate of return for a proposed investment of $500,000 in a fixed asset with a useful life of four years, straight-line depreciation, no residual value, and an e
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Applying models and concepts from the course, analyze a significant change initiative you have observed, have been affected by or have had a hand in implementing in your organizati
Q: What is operations management? A: Operations management is the planning, organising and control of systems which produce goods and services. It is one of the most important
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