EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Question
Chapter 17, Problem 4DQ
Summary Introduction
Interpretation: Whether applying operation management concepts and techniques might reduce the US health care costs along with the example that shows it can help the US health care industry.
Concept Introduction:
Lean manufacturing refers to the approach used by the organizations to remove the waste in their operations.Six sigma refers to the technique that provides organizations tools to enhance the capability of their business operations.Anything that does not add any value to the organization is considered as waste.
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