Question: We categorized various OM decisions into three, according to the frequency of decision making: (1) Strategic (2) Tactical (3) Operational. Which of the following is
We categorized various OM decisions into three, according to the frequency of decision making: (1) Strategic (2) Tactical (3) Operational. Which of the following is not a strategic-level decision?
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| a. | Layout |
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| b. | Product design |
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| c. | Location |
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| d. | Quality management |
Which of the following is not correct about todays changing consumer behavior in the presence of Internet shopping?
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| a. | They are generally forward-looking and discount-seeking |
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| b. | They do not take into account retailers stock levels |
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| c. | They take into account how flexible retailers return policy is |
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| d. | They can easily compare prices at little or no transaction cost |
The combined valuation and return effects of a return policy on inventory and pricing decisions of a retailer is generally not clear
True
False
Network revenue management is relevant when each product consumes only one single resource
True
False
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