Operations management involves both system design and system operations. An assembly line is employed when a custom output is required. Time-based strategies focus on reducing the time required to accomplish certain activities such as new product development or delivery to the customer. A job shop is employed when a standard product with high volume output is required. A is always the better employee.
Forecast accuracy tends to decrease as the forecast horizon decreases.
Both quantitative and qualitative methods should be used when forecasting sales for a company. Concurrent engineering slows down the process of getting products into production since more people are involved in the design. It is more costly to make changes during the design stage than the production stage because design engineers get paid so much. Two of the main factors influencing service design are the service variability and the degree of customer contact. A manual process will usually be lower in quality than an automated process.