Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable costs of $2.25 per unit. Which of the following statements is TRUE?

Process design is a critical part of operations management that involves creating and improving systems that convert inputs into outputs. It can be used to: Create more efficient methods for product or service development Create a department-wide system for promoting marketing content Create new, streamlined practices for client or employee onboarding  Process design can be important because it can: Improve production efficiency Reduce costs Enhance the quality of the final product or service Reduce lead times Increase customer satisfaction Determine the most efficient way to... Show more

Process design is a critical part of operations management that involves creating and improving systems that convert inputs into outputs.

It can be used to:
Create more efficient methods for product or service development
Create a department-wide system for promoting marketing content
Create new, streamlined practices for client or employee onboarding 

Process design can be important because it can:
Improve production efficiency
Reduce costs
Enhance the quality of the final product or service
Reduce lead times
Increase customer satisfaction
Determine the most efficient way to produce goods or services 

Process design involves breaking down processes into their individual activities. Common symbols are often used to represent types of activity or steps in the process. The sequence of activities in a process is then indicated by the sequence of symbols representing activities. 
Operations design is the process of designing and improving processes in business services and product manufacturing. Some benefits of operations design include: Better resource allocation and Easier strategy execution.

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