Which Of The Following Process Strategies Are Considered To Have A High Fixed Costs And Low Variable Costs?

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Service blueprinting is a process analysis technique that focuses on the customer and the provider’s interaction with the customer. ... A product focus usually has higher fixed costs and lower variable costs than a process focus.

What type of process strategy does a full service restaurant use?

The typical full-service restaurant uses a product-focused process . Harley-Davidson, because it has so many possible combinations of products, utilizes the process strategy of mass customization. The assembly line is a classic example of a repetitive process.

Which of the following process strategies are considered to have a high fixed cost and a low variable cost?

Service blueprinting is a process analysis technique that focuses on the customer and the provider’s interaction with the customer. ... A product focus usually has higher fixed costs and lower variable costs than a process focus.

What is the difference between a fixed cost and a variable cost quizlet?

A variable cost varies, in total, in direct proportion to changes in the level of activity. A fixed cost is a cost that remains constant, in total, regardless of changes in the level of activity. A mixed cost contains both variable and fixed cost elements (expeditons).

Which of the following is an example of a variable cost?

Examples of variable costs are sales commissions , direct labor costs, cost of raw materials used in production, and utility costs.

What is a process focused facility?

Process-focused facilities (also known as intermittent, or job-shop, facilities) are common in high-variety, low-volume manufacturing and service organizations. These facilities produce make-to-order products or services and include everything from auto repair garages and hospitals to beauty salons.

Which of the following is the best example of competing on quick response?

According to this, an example of competing on quick response wil be that a firm’s products are introduced into the market faster than its competitors’ products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage ...

What is the fundamental rethinking of business processes?

BPR is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, service and speed. The major benefit of BPR is that it eliminates redundancies of work and improves accuracy.

What the 4 strategies for improving productivity in service are?

Question: Strategies for improving productivity in services are lean production, strategy-driven investments, automation, and process focus separation, self-service, automation, and scheduling o reduce inventory, reduce waste, reduce inspection, and reduce rework O high interaction, mass customization, service factory, ...

Is a process strategy based on a product oriented production process that uses modules?

A process or transformation strategy is an organization’s approach to transform resources into goods and services. ... The repetitive process is a product-oriented production process that uses modules. Modules are parts or components of a product previously manufactured or prepared, often in a continuous process.

What is fixed cost example?

Fixed costs are usually negotiated for a specified time period and do not change with production levels. ... Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities .

What is the sum of fixed and variable costs?

Total cost is the sum of fixed and variable costs of production.

What is an example of a variable cost quizlet?

What are examples of variable costs? Cost of goods sold for a merchandising company, direct materials, direct labor, variable elements of manufacturing overhead, and selling and administrate costs such as commissions and shipping costs . A measure of whatever causes the incurrence of a variable cost.

What is fixed cost and variable cost with example?

Fixed costs remain the same regardless of whether goods or services are produced or not. ... The variable costs change from zero to $2 million in this example. The most common examples of fixed costs include lease and rent payments, utilities, insurance, certain salaries, and interest payments .

What are some examples of fixed and variable costs?

Fixed Costs Variable Costs Examples Depreciation, interest paid on capital, rent, salary, property taxes, insurance premium, etc. Commission on sales, credit card fees, wages of part-time staff, etc.

Is rent a variable expense?

Fixed expenses: These are costs that largely remain constant, such as your monthly rent. Variable expenses: These are costs that vary or are unpredictable , such as dining out or car repairs.

Emily Lee
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Emily Lee
Emily Lee is a freelance writer and artist based in New York City. She’s an accomplished writer with a deep passion for the arts, and brings a unique perspective to the world of entertainment. Emily has written about art, entertainment, and pop culture.