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What are the implications of differences of goods and services relative to managing operations?
Wiki User
∙ 11y ago
One major difference of product and service industries from an operations perspective is the degree of customer contact present. This makes scheduling very difficult in service industries as they cannot build up inventories and are very demand sensitive. In this same way service industries are very sensitive to inputs as each process can have very different inputs which require very different processes. Measurement of productivity and quality assurance are much harder to measure in service industries as measurement is not a simple quantity measure as it is in product industries, and quality must be measured as services are delivered and cannot be inspected beforehand. All of these differences make it much harder for operations managers in service industries to make projecting and measurements of processes within their organizations.
Wiki User
∙ 11y ago
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How do you trade arise with comparative advantage?
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Consumers are charged administrative fees for paperwork relative to the services that they already paid for due to a number of reasons. The administrative fees will help in operations in the office that may not be catered for by the service fee.
How does any currency appreciate or depreciate?
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Taxes which distort relative prices are not neutral.
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behavior genetics
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Can you sue a relative for unpaid loan?
Yes, you can sue a relative for an unpaid loan. It is advisable to consult with a legal professional to understand the process and implications of taking legal action against a family member. It is also important to consider the impact it may have on your relationship.
What is comparison?
Comparison is setting one thing alongside another to look for similarities, differences and relative sizes or other properties.
How do you trade arise with comparative advantage?
Trade arises under comparative advantage because of differences in pretrade relative prices.
What is the differences between relative humidity and humidity?
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What differences between China and Japan from 1500 to 1800 had the principal consequences for their relative positions at 1800?
Prof. Baumer much lol.
What are the differences between relative concepts and absolute concepts?
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