What is the operations and supply chain function responsible for in each of the product development phases?
What will be an ideal response?
Answer: The five phases in the development of a new product or service are concept development, planning, design and development, commercial preparation, and launch. In concept development, the operations and supply chain functions scan suppliers for promising technologies and capabilities. In planning, the operations and supply chain functions develop initial cost estimates and identify key supply chain partners. In design and development, the operations and supply chain functions develop detailed process maps of the operations and supply chain flows and test new processes. Commercial preparation calls for the operations and supply chain functions to build pilot units using new operations, train personnel, and verify that supply chain flows work as expected. Finally, in launch, the operations and supply chain functions ramp up volumes and meet targets for quality, cost and other performance goals.
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The OD intervention method shown to be one of the most effective regarding attitudes and satisfaction is ______.
A. team building B. process consultation C. workout D. survey
Assume 4 separate purchases of 100 units of the same item as follows: 100 @ $0.25 each; 100 @ $0.23 each; 100 @ $0.21 each and 100 @ $0.26 each. An ending inventory count showed 230 of the items still in stock. Under the LIFO method, cost of ending inventory is:
a. $54.30 b. $53.90 c. $59.30 d. $55.00 e. $53.40
Which of the following statements refers to nominal damages?
A) They are damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again. B) They are damages awarded to the party that is injured by a breach of contract but cannot establish actual damages. C) They are damages for nonperformance that are stipulated in a clause in the contract. D) They are damages designed to place the non-breaching party in the position that party would have enjoyed had the terms of the contract been performed.
A study of work centrality found that people high on work centrality
a. work more hours b. made more money and had higher promotion rates c. had higher career satisfaction d. all of the above