Which type of utility is created when a company makes products available where consumers want them quizlet?

• Form Utility: Production makes products available: By converting raw materials and human skills into finished goods and services, production creates form utility, as when Regal Cinemas combines building materials, theater seats, and projection equipment to create entertainment.

• Time utility: When a theater offers midday, afternoon, and evening shows seven days a week, it creates time utility; that is, it adds customer value by making products available when consumers want them.

• Place utility: When a theater offers a choice of 15 movies, all under one roof at a popular location, it creates place utility: it makes products available where they are convenient for consumers.

operations managers draw up plans to transform resources into products. First, they bring together basic resources: knowledge, physical materials, information, equipment, the customer, and human skills. Then, they put them to effective use in a facility where the service is provided or the physical good is produced. As demand for a product increases, operations managers schedule and control work to produce the required amount. Finally, they control costs, quality levels, inventory, and facilities and equipment. In some businesses, often in small startup firms such as sole proprietorships, the operations manager is one person.

the process by which managers plan, organize, and control the flow of materials from sources of supply through distribution of finished goods

Most of us have difficulty keeping track of personal items now and then—clothes, books, cell phones, and so on. Imagine keeping track of thousands, or even millions, of things at any one time. That's the challenge in materials management, the process by which managers plan, organize, and control the flow of materials from sources of supply through distribution of finished goods. For manufacturing firms, typical materials costs make up 50 to 75 percent of total product costs.

Which type of utility is created when a company makes products available where consumers want them?

When a company makes products available conveniently for consumers based on where they are which type of utility is created quizlet?

When products are available when needed they have which type of utility?

What utility does production create?