Module 8 Operations management


After completing this module, you will be able to: • explain how value can be added to different types of businesses • differentiate between products and services • explain concepts such as Economies of Scale and technology by means of an example


• explain the key factors in operations/production control • explain and calculate the most Economical Order Quantity. Related questions such as how many times a year orders will be placed must also be calculated


• select the best supplier by applying the different criteria • explain the concept of productivity and determine productivity by means of a calculation.


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