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Students studying operations management often lack a framework for relating their experiences to the subject at hand. Describes the university decision making process in the context of the closed‐loop MRP model. The university is familiar to students, so it gives them a point of reference in...
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Capacity is generally considered only in one sense – to provide the means for producing a product or service. Defines capacity as serving two functions – to provide the means for producing a long‐run, stable level of a good or service, and to provide the means to adapt to fluctuations in...
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