question archive The plant and production benchmarking cost data on p
Subject:Operations ManagementPrice:2.85 Bought3
The plant and production benchmarking cost data on p. 6 of each issue of the Footwear Industry Report o provide solid indication of whether a company's total manufacturing costs are low enough to enable the company to earn profits that are above investors' expectations. are most useful to the managers of companies that are pursuing a strategy to be a low-cost provider of branded footwear. O are most useful to the managers of companies that are employing a strategy to produce premium quality branded footwear o provide managers with solid evidence regarding the degree to which various costs at the company's plants are competitive with the costs at the plants of rival companies are less useful than the operating benchmarks in determining whether a company is managing certain aspects of its plants in a cost efficient manner.
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