EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 1, Problem 14PA
Summary Introduction
Interpretation: Application of business analytics in problems and decisions in operations management is to be discussed.
Concept Introduction: Business analytics involves the process of predicting the future results by analyzing data such as click through rates, sales numbers, customer acquisition cost or any other relevant data.
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Please do not copy and paste from online or printed resources, instead use your own words. In your own understanding,
What is Operations Management and how is it different from Supply Chain?
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Describe the fundamental concept of Operations management with the help of relevant examples.
answer must be between 200-300 words
Why is process thinking important in operations management?
Thinking of yourself as an “operations manager” for your education, how could process thinking improve your performance as a student?
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