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Low unit costs are most closely matched to:

Operations typically differ in terms of volume of output, variety of output, variation in demand or the degree of ‘visibility’ (ie, customer contact) that they give to customers of the delivery process.  Please match the following element with the most appropriate of the above dimensions.  ( Multiple answers)

A)

Variety

B)

Variation

C)

Volume

D)

Visibility

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Question added by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves
Date Posted: 2016/05/08
Deleted user
by Deleted user

Option "C" Volume is the correct answer because cost will be low when product is produced in greater volume.

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

Option C is the right answer.........................

I apologize for the answer I leave the answer to the experts, specialists in this field that's not my specialty field.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , Warehouse Supervisor , AL MUTLAQ FURNITURE MFG

Option B) is answer <<<<<<<<<<<<<<<,

ghazi Almahadeen
by ghazi Almahadeen , Project Facilitator , Jordan River Foundation

Choose c.......................

sameer abdul wahab alfaddagh
by sameer abdul wahab alfaddagh , عضو هيئة تدريس , جامعة دلمون

Thank you for the invitation to answer through mass production

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

Option " C "                            .

Sathish Prabhu.V
by Sathish Prabhu.V , Manager - Operations & Process Improvement , Revolution Valves

Volume is inversely proportional to cost, where volume is more unit cost is less. Hence Option C is the right answer

MADAN MOHAN GAJULA
by MADAN MOHAN GAJULA , Material Coordinator , Sadara Chemical Company

C. Volume ======================== is the right answer

Saiyid Maududi-Oracle Applications Consultant
by Saiyid Maududi-Oracle Applications Consultant , Entrerprise Architect , US Technomatrix, Inc

Hello Team,

if lead times could be reduced—via, for example, localized production, improved information systems and forecast updating, multichannel production and emergency supply sources, and expedited shipping methods—allowing for a rapid response to updated demand information closer to (or during) the selling season, supply and demand could be more closely matched, reducing or eliminating costly shortages and wasteful overproduction. Such techniques to mitigate demand uncertainty (which we refer to hereafter as quick response systems) can be costly because of information technology (IT) expenses and expedited production or transportation costs, but are known to provide significant value to firms by better matching supply with uncertain demand.

The late production opportunity is close enough to the start of the selling season that market size is known perfectly.1 Production during the early opportunity incurs a unit cost c1, whereas production during the late opportunity incurs a higher unit cost c2 " c1 because of, e.g., expedited production and shipping costs. Production at either point in time is assumed to be uncapacitated, and production during the late opportunity is assumed to have a short enough lead time that all units arrive before the start of the selling season.

Regards,

 

Saiyid

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