Question: 1. One must be aware of typical differences between manufacturing and service transformation systems. Which of the following is not one of these typical differences?

1. One must be aware of typical differences between manufacturing and service transformation systems. Which of the following is not one of these typical differences? d a. tangible (or intangible) nature of conversion system output nature of conversion system output b. order response time c. location of operations d. degree (proportion) of labor content e. process output quality 2. There are significant differences between strategic and operational decisions. Which of the following statements concerning these two types of decisions is true? a. Operational decisions usually constrain strategic decisions by cost, capacity or some other means b. Strategic decisions are made with a shorter time horizon for planning and implementing than operational decisions. c. Operational decisions typically involve a greater degree of financial risk than strategic decisions. d. Strategic decisions are commonly made by a higher level of management. Strategic decisions are commonly reevaluated and changed more often than operational decisions

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