Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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What is the difference between manufacturing and service operations?
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- How many factors affect the design and management of operations systems.arrow_forwardWhat are the practical consequences of a lack of strategic linkage between the business and the operations function?arrow_forwardDescribe the nature of operations management in the following organizations. In doing this, first, identify the outputs of the organization, and then use the five decision types to identify important operations decisions and responsibilities. For the organizations listed in question 1, describe the inputs, transformation process, and outputs of the production system.arrow_forward
- How can organizations balance the conflicting goals of cost minimization and customer satisfaction in operations?arrow_forwardTo begin, why is it so important for new business owners, interns, and students to learn the fundamentals of operations management?arrow_forwardFirst off, why is it so important for students, interns, and business owners to get familiar with operations management?arrow_forward
- Provides an overview of the differences between production of goods and service operations.arrow_forwardList and explain the five kinds of assets or capital that organizations can leverage to add value to operations.arrow_forward“Services are very different from manufacturing. Therefore, it is not appropriate to use the same set of principles for managing operations in manufacturing and service organization.” Do you agree with this statement? Give reasons in support of your argument.arrow_forward
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