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Characteristics of production and operations management decisions?

Making decisions that help make business more efficient are part of production and operations management. Other characteristics include conscientious and tactical decisions.


What provides the connections between the firm and its environment?

The firm's network of relationships, such as suppliers, customers, competitors, and regulatory agencies, provides the connections between the firm and its environment. These connections help the firm to gather information, resources, and support, and also influence the firm's strategic decisions and performance.


What does production theory help us understand?

Production theory helps us understand how firms make decisions regarding the combination of inputs to produce goods and services efficiently. It helps in analyzing factors that influence production, such as technology, resource availability, and costs. Additionally, production theory is important for understanding how changes in input quantities and technology impact output levels and firm profitability.


The sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?

true


Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?

No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.


What are the Advantages of make or buy decision?

Make or buy decisions help businesses determine if it is better to produce a product in-house, or outsource the production. When another business has a comparative advantage in production it is best to outsource production.


What is the antidiabetics help to control high blood sugar by reducing glucose production in the liver and by increasing insulin-dependent glucose uptake in muscle cells?

Biguanides


What is the application statistics in business?

Statistics help managers make decisions. They use statistics when it comes to production and hiring employees. Statistics are everywhere in the business world.


In what ways can the location decision have an impact on the production system?

The location decision can have an impact on the production system due to the availability of resources and transportation. When supplies are close, production costs will be lower. In this case, the company can use a Just In Time production system to help reduce warehouse costs.


What do you mean by concept of quality assurance?

without quality person's help production people cannot do anything. they are always dependent on quality.because q.a. persons are much intelligent than production people. they are unable to run machine propely without q.a. persons help.


What was the Production Budget for The Help?

The Production Budget for The Help was $25,000,000.


How were decisions made in tyranny?

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