Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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You have been hired as the chief Operations Officer for ABC Company, a company that focuses on a textile manufacturing. The CEO has expressed a concern that it is taking too long and costing too much for ABC to produce their textiles. You have been given the goal of reducing production run time by 25% and cost by 10% over the next 12 months. In at least 200 words, discuss what your strategy would be to meet or exceed the CEO's goal. Make sure to base your strategy on at least two of the five strategies (process, product, location, layout and quality).

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