► 1. Most new technology is implemented in Operations areas ► 2. Operations is the part of an organization which creates wealth through the management of the transformation process ► 3. Operations researches mathematical techniques for optimizing processes ► 4. Operations is the area of a business where most people work ► 5. World class Operations can give an organization competitive advantage
2.Operations is the part of an organization which creates wealth through the management of the transformation process
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Operations can be classified according to the degree of variation in demand and visibility of the operation as well as their volume and variety of production. Which of the following operations would be classified as high variation and high visibility?
► 1. A fast food restaurant ► 2. A family doctor ► 3. A front office bank ► 4. A carpenter
Operations can be classified according to their volume and variety of production as well as the degree of variation and visibility. Which of the following operations would be classified as high volume, low variety?