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Examples of a problem solved by operations management planning as it relates to manufacturing include:Multiple select question.inventory controlperformance review systemspricingfacility location

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Examples of a problem solved by operations management planning as it relates to manufacturing include:Multiple select question.inventory controlperformance review systemspricingfacility location

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  1. Inventory Control: Operations management planning can solve problems related to inventory control in manufacturing. For instance, if a company is struggling with overstocking or understocking, operations management can implement strategies such as just-in-time inventory to ensure that the right amount of inventory is available at the right time. This can reduce storage costs and prevent production delays due to lack of materials.

  2. Facility Location: The location of a manufacturing facility can significantly impact the efficiency and cost-effectiveness of operations. Operations management planning can solve problems related to facility location by conducting a thorough analysis of factors such as proximity to suppliers and customers, labor costs, and local regulations. This can help the company to choose the most advantageous location for its manufacturing facility.

  3. Performance Review Systems: Operations management planning can also solve problems related to performance review systems in manufacturing. For example, if a company is struggling with low productivity or quality issues, operations management can implement a performance review system that identifies areas of improvement and motivates employees to achieve their best performance. This can lead to increased productivity and quality in the manufacturing process.

  4. Pricing: Although pricing is often considered a marketing function, operations management can also play a role in solving pricing problems. For instance, if a company is struggling to price its products competitively, operations management can implement cost-saving measures in the manufacturing process. This can reduce the cost of production and allow the company to offer its products at a more competitive price.

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What are two examples of a problem solved by operations management planning as it relates to manufacturing?

Multiple Select QuestionSelect all that applyExamples of a problem solved by operations management planning as it relates to manufacturing include:Multiple select question.performance review systemspricinginventory controlfacility location

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