OPERATIONS MANAGEMENT
OPERATIONS MANAGEMENT
14th Edition
ISBN: 9781260961393
Author: Stevenson
Publisher: MCG
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Chapter 1, Problem 2CTE
Summary Introduction

To determine:  The action of the manager to match the supply and demand.

Introduction: Supply and demand is the amount of products which is available and the amount which is required by the consumers. In economical term, supply signifies how much of goods people are willing to purchase at certain price and demand is referred to as the quantity of goods and services that a person is desired to purchase.

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