Importance of Product Design Production or operations strategy is directly influenced by product design for the following reasons:(i) As products are designed, all the detailed characteristics of each product are
Tag: Fundamentals of Business Mathematics & Statistics
What is Cost Statement
How do we measure cost? Measurement of cost is the first step in the process of control simply because you cannot control unless you measure.Measurement of the cost would mean
What is facility location in operational management ?
Facility Location in Operational Management Operational management Plant location may be understood as the function of determining where the plant should be located for maximum operating economy and effectiveness. The
Location