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diamong [38]
1 year ago
8

Lisa’s pizza is trying to compete with the larger domino’s pizza down the street for customers. She feels she can deliver a bett

er tasting product, faster, and cheaper. She has given all the drivers gps systems; she has ordered in bulk; and she has surveyed customers about what type of pizzas they want. She is practicing.
Business
1 answer:
jolli1 [7]1 year ago
8 0

Lisa's Pizza is trying to compete with the larger Domino's Pizza down the street for customers. Lisa here is trying to practice operations management.

More about operations management:

Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations.

The management of business procedures to achieve the best level of productivity within an organisation is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labour and materials into products and services as effectively as feasible.

Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.

Learn more about Operations management here:

brainly.com/question/1382997

#SPJ4

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Consider a second-price, sealed-bid auction with a seller who has one unit of the object which he values at s and two buyers 1,
dybincka [34]

Answer and Explanation:

Given that this is a second price bid auction whereby the second highest bid is the price that the highest bidder pays for the item up for auction sale, so that b1>b2 then b1 gets item for the price of b2.

Truthfulness of true value is the dominant strategy here which means each player should aim to be truthful with their bid regarding their true value regardless of what other bidders are bidding. Therefore truthfulness of value is the optimal strategy with the best payoff for bidders

5 0
3 years ago
If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in
AnnyKZ [126]

Answer:

B

Explanation:

Reserves J: Excess reserves J: Loans J: Deposits ;Money supply

8 0
3 years ago
Any episode in which the guest forms an impression or mental note of your service or product may be termed
cluponka [151]

Answer:

A psychological footprint

Explanation:

3 0
3 years ago
According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct
vichka [17]

Answer:

Capability ratio = 1.04166

Explanation:

Given:

Length of a shoe (not deviate) = 1 mm

Standard deviation of this length = 0.32 mm

Number of standard deviations = 3

Find:

Capability ratio = ?

Computation:

Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations

Capability ratio = [1 / 0.32] / 3

Capability ratio = 3.125 / 3

Capability ratio = 1.04166

Capability ratio is greater than 1, therefore process is capable.

4 0
3 years ago
Imagine that a major car company has been able to plan production to coincide with sales forecasts. As new inventory comes into
inessss [21]

Answer:

JIT production and JIT purchasing

Explanation:

JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.

as per the just in time

there is no benefit of holding inventory at stores

producing extra units does not add value they are useless until they are sold.

According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.

there are some conditions for this process

there should be very system to meet the order  on time

there should be relaible production system units produced should not be poor quality goods

there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.

5 0
3 years ago
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