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1) What is capacity? Capacity means the maximum ability of a business to produce goods or services in a given...
Forecasting means predicting future demand, sales, needs, or trends based on past data and present conditions. In Operations Management, forecasting...
A production system is the method an organization uses to produce goods or services. It explains: Main types of production...
Operations Management is the study of how organizations create and deliver goods or services efficiently. It deals with questions like:...

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