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Questions and Answers
Which of the following is NOT a key aspect of process strategy?
Which of the following is NOT a key aspect of process strategy?
- Process flexibility
- Technological Innovation
- Facility Layout (correct)
- Capital Intensity
What does process selection in production determine?
What does process selection in production determine?
- The mix of equipment and labor (correct)
- The degree of equipment flexibility
- The expected volume of output
- The arrangement of the workplace
Which factor is NOT considered when determining process selection?
Which factor is NOT considered when determining process selection?
- Technological advances (correct)
- Expected volume of output
- Degree of equipment flexibility
- Variety in products or services
What is the main purpose of capacity planning in process selection?
What is the main purpose of capacity planning in process selection?
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What is the definition of technological innovation?
What is the definition of technological innovation?
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Study Notes
Process Strategy
- Key aspects of process strategy: exclude the aspect of management structure.
Process Selection
- Determines: the way in which products are produced, the resources needed, and the investment required.
Factors in Process Selection
- Excluded factor: the market price of the product.
Capacity Planning
- Main purpose: to ensure that the organization has the necessary resources to meet demand and produce the required output.
Technological Innovation
- Definition: the process of creating new or improved products, processes, or services through advancements in technology.
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