Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 7.1, Problem 5P
Summary Introduction

interpretation: four key decisions that service business must make.

concept introduction:the services sector of the economy is also called the territory sector in a three-sector framework developed by economists. The primary sector is extractive, including mining, agriculture etc. The secondary sector is goods producing and the territory sector is all services.

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