Question: Mass - producing a product up to a certain cut - off point and then customizing it to satisfy different customers is an efficient way

Mass-producing a product up to a certain cut-off point and then customizing it to satisfy different customers is an efficient way to do which approach?
Group of answer choices
Make-to-order
Mass production
Mass customization
Make-to-stock

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company had one job in process (Job 201) and one job completed but not yet sold (Job 200). Job 202 was...

Q:

Unit 2: Designing the Operations Designing the operations of an organization or your department - precedes operational management. For .ll _ . example, suppose a wallet manufacture's mission is to '...

Q:

International Business 10e By Charles W.L. Hill Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education....

Q:

Please read the text in photos and answer the following question in image,with a detailed answer of about 650 words RIO TINTO IRON ORE: CHALLENGES OF GLOBALIZATION IN THE MINING INDUSTRY In mid-2006,...

Q:

Read the text in images above and answer the following question In most industries, the effectiveness of supply chain management depends largely on the productivity and skill of the workforce . RTIO...

Q:

write report MAnAgEMENT ToOLS \& PRACTICE-ReadingS, PART 1 Sources: Robert C. Appleby (1991): Modern Business Administration. Pitman \& Cole, G. A. (1993): Management Theory and Practice. DP...

Q:

write report MAnAgEMENT ToOLS \& PRACTICE-ReadingS, PART 1 Sources: Robert C. Appleby (1991): Modern Business Administration. Pitman \& Cole, G. A. (1993): Management Theory and Practice. DP...

Q:

\f\f\fChapter 2 Service Strategy Learning Objectives After completing this chapter, you should be able to: 1. Formulate a strategic service vision. 2. Describe how a service competes using the three...

Q:

Read the case scenario and use the text provided to support your answer and only used the text provided Case Scenario Dion is an engineer with Tesla Motors who helps to design electric motors. It has...

Q:

Please be sure to not copy any answers verbatim. original answers needed will be scanned through the safe-assign system. read the Marketing Debate below What is the Best Way to Position a brand? and...

Q:

Teleflex Canada, a division of Teleflex Inc., manufactured a range of products, including marine hydraulic steering systems, trim components for marine propulsion, heating equipment for both the...

Q:

A train covered a certain distance at a uniform speed. If the train would have been 6 km/h faster, it would have taken 4 hours less than the scheduled time. And, if the train were slower by 6 km/hr;...

Q:

The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next five years: Year 1 $250,000 Annual Cash Flows Year 3 $180,000 Year 2 $37,500 Year...

Q:

The duration formula implies that if interest rates decrease, duration willincrease . The duration gap formula implies that, ceteris paribus, the gap will remain the same, if the interest rate change...

Q:

Financial Statements and Closing Entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance Company prepared the end-of-period spreadsheet that follows at June 30,...