The growth of the service economy has seen even traditional

Question

1. The growth of the service economy has seen even traditional product-focused companies aggressively pursuing a service design to add value to their product offering. Explain the differences between a product design and a service design.

Compare the product and service design processes and explain why the two are different.

2. Materials Requirements Planning (MRP) seeks to time the phases of orders of materials to meet the Master Production Schedule requirements. Is MRP a push-based or pull-based program? Why?

Compare push-based and pull-based programs within the context of supply chain management. Also, discuss the short-term or long-term implications, if any, of both programs.

Which of the two programs is most commonly implemented in supply chains? Support your answer with an example.

Answer 1

Respond to the following question by applying the proper theory and principle. 1) The growth of the service economy has seen even in the traditional product-focused companies assertively carrying a service design to add value to their product offering. Describe the differences between the product design and the service design. Differentiate the service and product design processes and describe why the two are dissimilar. 2) Materials Requirements planning looks to time the stages of orders of materials to meet up the Master Production Schedule requirements. Is MRP a push-based or pull-based program? Explain why? Differentiate push-based and pull-based programs in the context of supply chain management. As well, illustrate the short-term or long-term inferences, if any, of both programs. Which of two programs is most generally implemented in the supply chains? Support your response with an illustration.