A situations in which manager can make an accurate decision is called

Related MCQs

• 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
• The responsibilities of the operations manager include
• A planning systems that schedules the precise quantity of materials needed to make a product is called
• Which of the following is the least likely decision to be made by operations managers ?
• Which among the following methods is largely dependent on the decision maker’s choice of factors and weights?
• ________________ and _______________ are the two well-known methods of make or buy decisions.
• Operations can be classified according to their volume and variety of production as well as the degree of variation & visibility . Which of the following operations would be classified as high volume , low variety ?
• Operations can be classified according to the degree of variations in demand and visibility of the operations as well as their volume and variety of production which of the following operations would be classified as high variation & high visibility ?
• Consider the below mentioned statements: 1. Without the forecast, no production function can be taken up. 2 Forecasts are subject to market dynamics and many other predictable parameters which will be known and controllable. State True or False:
• The degree to which a good or service meets demands and requirements of customers called