Answered: What is one thing you know about…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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What is one thing you know about Operations Management and one thing you would like to learn

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Operation management often called OM is nothing but the field of the business that is generally concerned with the governance of the business practices to increment the higher level of efficiency within the company. It generally comprises the planning, organizing, and overseeing of the processes of the organization to balance the revenues and prices and obtain the maximum level of operating revenue and profit. An operation manager generally has the responsibility to ensure that the company successfully transforms inputs such as raw material, labor, and technology into useful outcomes in an efficient manner.

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