Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
Loose-leaf for Operations Management (The Mcgraw-hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9781259580093
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 1, Problem 1CTE
Summary Introduction

To determine: The implication of difference between production of goods and delivering service relative to managing operations.

Operations management: It deals with the business administration process that forms the highest level of efficiency within a company. Operations management is related to the conversion of labor and materials into products and services in an effective manner in order to generate or maximize profit in a company.

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Many organizations offer a combination of goods and services to their customers. As you learned in Chapter 1, there are some key differences between the production of goods and delivery of services.What are the implications of these differences relative to managing operations?
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