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What actions would you recommend for these firms?
• Operation mgmt involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers, and the analysis of queue systems.
• the field of study that focuses on the effectively planning, scheduling, use, and control of a manufacturing or service organization through the study of concepts from design engineering, industrial engineering, management information systems, quality management, production management, inventory management, accounting, and other functions as they affect the organization
• Set of value-added activities that transform inputs into many outputs
• Manage the efforts and activities of people, capital, and equipment resources in changing raw materials into finished goods and services...
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