Increased Efficiency Operations Management Assignment Help

Increased Efficiency

A~ stated earlier. the unilateral  by services to nanotechnology
was driven primarily by the need to reduce operating cost This is still a major reason for purchasing new technology. Just a capital equipment often is used to reduce covet in a manufacturing company. technology can he ~similarly apply~d in a service em environment. The two primary ways in which the efficiency or productivity of the operation can be increased are (a) economies of scale and (b) reduced labor costs, recognizing that there is some degree of overlap between the two.

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