This preview shows page 1. Sign up to view the full content.
Unformatted text preview: -Intangible-Often unique-Produced and consumed at the same time-Often knowledge based-High customer interactions-Frequently dispersed Inventory results from a mismatch between supply and demand. Mismatch reflects that capacity is more rigid than demand Operations Management provides tools to balance responsiveness with efficiency, provide tools to identify and eliminate inefficiencies, and evaluate system designs before they occur....
View Full Document
- Spring '08