Question: - What is operations management? - Why is operations management important in all types of organizations? - What is the input-transformation-output process? - Describe the

- What is operations management? - Why is operations management important in all types of organizations? - What is the input-transformation-output process? - Describe the three levels of the process hierarchy. - Why are differences within sectors are often greater than the differences between sectors? - What are the 4-Vs and how do they relate to cost

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