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Operations Management By — William J. Stevenson 13th Edition Ppt
A key theme throughout the Stevenson text is the importance of process management. He categorizes processes into three main types: upper-management processes, operational processes, and supporting processes. By understanding the flow of these processes, managers can identify bottlenecks, reduce waste, and improve productivity. Stevenson introduces several quantitative tools—such as linear programming, forecasting models, and inventory management formulas—to provide a rigorous, data-driven approach to these managerial decisions.
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