Which of the following are dimensions of flexibility?
I. Total volume flexibility
II. Product Mix flexibility
III. Labor Flexibility
IV. New Product Flexibility

While designing the new automated dashboard, the new CEO suggested adding a number of financial measures to the new dashboard along with customer complaints, manufacturing cycle time by product group and year-to-date spend on education and training. This view is commonly referred to as the

A firm seeking improvement is considering investigating how other firms in the same industry are performing, this is an example of

Failure to meet customer expectations with order qualifiers will likely

Attending a seminar where a person from a competing company reveals how they improved part & raw materials inventory turns is an example of

Operations strategy formulations should be

To sustain financial objectives matched with strategic objectives companies often used the

A machine paced process that produces many different products, while using a single predetermined overhead rate vs using cost drivers for product costing, may result in

By approving projects that improve the company＇s performance with their order qualifiers, the company is

A true statement about benchmarking is that it

Using absorption costing, fi the actual demand and resulting actual production is significantly less than forecasted for the year, the result will be that reported products costs are