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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 813 | 
                
    
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As customer trusts in the products, it is natural that the expectations on product must be of top quality and reliability.
Operations Impact- Lead time will be longer if demand is high in quality
4) Flexibility-
Flexibility gives more choices for customers.
Operations Impact- With less variety, machine setups and changeovers are reduced and created a better productivity...
        
        
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This gives more lead time for delivery to customers.
Q3. How has the move to producing standard furniture affected the company financial structure?
It affected the company in the following way:
1) Sale revenue has increased
Revenue ratio- Custom: Standard - 75:25 > 3:1
Sales ratio- Custom: Standard â 60:40 >3:2
Calculating $(Dollar) per unit ratio
Custom: Standard
(75/60) : (25/40)
1...
        
        
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                                    William Wordsworth's poems and David Malouf's novel, An Imaginary Life, it is evident how different times and cultures affect the quality and importance of the relationship humanity can have with the natural world
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