The activities and process used in making both tangible and intangible products is known as

Related MCQs

• Getting products to consumers obtaining and managing raw materials and packaging finished products are all activities of
• For which of the following options is make-to-stock strategy feasible? 1. To produce customized products from sub-assemblies 2. To make standardized products with high volumes 3. To accommodate flexibility and offer variety 4. Where forecast is reasonably accurate
• Which of the following are the features of process layout? 1 Emphasis is on special orders or products having significant and frequent design changes. 2. Standardized product with little or no design changes. 3. Minimum requirement of in-process inspection. 4. Use of general purpose machines.
• Making identical , interchangeable components or complete products is referred to as
• Most operation produce a mixture of both products and services which of the following business is closest to producing ‘pure’ services ?
• The development and administration of the activities involved in transforming resources into goods and services is known as
• Which among the following methods is used when both distance and load have to be considered for optimality in terms of cost?
• _________ plan and manage the project on a day-to-day basis for this stage _________ define the coordination, control activities and identify the suitable personnel to carry them out.
• A represents activities and milestones by arcs and nodes
• The raw materials , components , completed or partially completed products ,and pieces of equipment a firm uses are often referred to as