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Nt1310 Unit 2 Term Paper

Satisfactory Essays

) According to Slack, most important factors which customers look for in a product are Quality (Specification) and Quality (Conformance). While configuring a firm, we have to keep in mind that all the factors cannot be achieved to their maximum good, for example, if a product should have good quality then it has to compromise on volume flexibility. “There is no such thing as a free lunch.” In his diagram from the question, the existing products are low in cost but best in quality and customization which could mean that the product is being sold at a cheap price and therefore the firm suffered loss and that is why the new products would bring up the cost and lower the customization, with no changes in quality. The new product line has more

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