Question: Oppr & Supply Chain Management concept: What does process mean? What does outsourcing mean? How do we decide to outsource or not? What are different

Oppr & Supply Chain Management concept:

What does process mean?

What does outsourcing mean? How do we decide to outsource or not?

What are different classifications of processes and how they are different?

What does break even point mean?

What does point of indifference mean?

What do you know about little's law?

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