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CHAPTER 10: Economic Growth

CHAPTER 10: Economic Growth

CHAPTER 10: Economic Growth. CHAPTER CHECKLIST. Define and calculate the economic growth rate, and explain the implications of sustained growth. Identify the main sources of economic growth.

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1.34k views • 66 slides
Strategic Capacity Management

Strategic Capacity Management

Strategic Capacity Management. Dr. Ron Tibben-Lembke Operations Management. Ideal Capacity of a Process. What is the capacity of the system? Should we add any capacity? How should we run the system? Where should we keep inventory?. 50/hr. 20/hr. 10/hr. 40/hr.

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692 views • 42 slides
Definition of Productivity

Definition of Productivity

Definition of Productivity. Productivity: Definition. Productivity is the relationship between the outputs generated from a system and the inputs that are used to create those outputs. Mathematically O P = I. Systems Concept. inputs. outputs. Customers.

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613 views • 24 slides
Chapter 2 Competitiveness Strategy and Productivity

Chapter 2 Competitiveness Strategy and Productivity

Chapter 2 Competitiveness Strategy and Productivity. Competitiveness. Effectiveness in meeting customer needs vs. the rest Commonly confused terminology: Effectiveness vs. efficiency (Distinctive) competencies Price Time Quality Flexibility, ability to respond to changes

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343 views • 15 slides
Operations Strategy

Operations Strategy

Operations Strategy. Based on slides for Chase Acquilano and Jacobs, Operations Management, McGraw-Hill. Strategy Overview - Four phases:. Environmental analysis Strengths, Weaknesses, Opportunities, Threats Determining the mission

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316 views • 7 slides
Chapter 2

Chapter 2

Chapter 2. Problem. Productivity Formulas . Productivity = Output Produced / Input Used Partial Prod. = Output / Labor Partial Prod. = Output / Machines Multifactor = Output / Labor + Machines Multifactor = Output / Labor + Materials Multifactor = Output / Labor + Capital + energy.

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104 views • 5 slides

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