question archive If you are reviewing the industry-low, industry-average, and industry-high values for the benchmarking data on pp

If you are reviewing the industry-low, industry-average, and industry-high values for the benchmarking data on pp

Subject:Operations ManagementPrice:2.85 Bought3

If you are reviewing the industry-low, industry-average, and industry-high values for the benchmarking data on pp. 6-7 of each issue of the FIR, which one of the following would you consider to be the most valid signal that one or more elements of your company's costs are likely to be too high relative to those of rival companies? When your company's reject rates for branded footwear are only 1.5% below the industry- average in those regions where the company has production operations o Your company's total compensation package for production workers is about 10% above the industry average in those geographic regions where your company has production O Your company's cost per S/Q star are only $1.50 below the industry-average in those O Your company's total production costs per branded pair and cost per branded pair sold are O Your company's distribution and warehouse expenses per pair sold in the Europe Africa operations regions where your company has production operations both within $1.50 of the industry high in the Asia-Pacific region region are about $3 per pair above the industry-low benchmark 

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Option d. If the total production cost of a branded pair and selling price of the branded pair lies within only $1.5 of the industry high, this necessarily suggest that your branded pair is incurring more cost as compared to your competitors.