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Operations And Supply Chain Management

F. Robert Jacobs

Business Studies

14th Edition · 800 pages

ISBN: 9780078024023

Chapter 1: Q4DQ (page 20)

What is product-service bundling, and what are the benefits to customers?

Short Answer

Expert verified

Selling products and services together.

Cost-efficient for customers.

Step by step solution

Defining product-service bundling

When a company incorporates service activities into its product, this is known as product-service bundling.

Finding out its benefits to customers

It helps customers get multiple benefits by getting goods and services simultaneously. It also helps in saving costs as they pay less for the integrated commodity.

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Most popular questions from this chapter

What are some reasons project scheduling is not done well?

Term that describes when multiple (usually similar) products can be produced in a facility less expensively than a single product.

The level of capacity for which a process was designed

and at which it operates at minimum cost.

Consider the EVM charts in Exhibit 4.12. Are there any other measures you might want to use in the management of a project? What are some controllable variables that may affect the costs being tracked?

The incorporation of environmental considerations into the design and development of products or services.

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What is product-service bundling, and what are the benefits to customers?

Short Answer

Step by step solution

Defining product-service bundling

Finding out its benefits to customers

One App. One Place for Learning.

Most popular questions from this chapter

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