Briefly describe the terms operations management and supply chain.
Answer to relevant QuestionsBriefly discuss each of these terms related to the historical evolution of operations management: a. Industrial Revolution b. Scientific management c. Interchangeable parts d. Division of labor List and briefly explain the four basic sources of variation, and explain why it is important for managers to be able to effectively deal with variation.Why is the degree of customization an important consideration in process planning? 1. Hazel is the operations manager of her business. Among her responsibilities are forecasting, inventory management, scheduling, quality assurance, and maintenance. a. What kinds of things would likely require forecasts? b. ...Name 10 ways that banks compete for customers.
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