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Volume Flexibility - Customers Needs For a Product
The readiness with which the operation systems output can be adjusted in response to sharp changes in customer demand. Products and services which are subject to changes in fashion present a particular challenge for the rapid adjustment of capacity. Ikea, the furniture retailer, has developed a supplier base and an efficient logistics system to allow it to react quickly to changes in demand, whilst maintaining relatively low levels of expensive inventory.
According to Macintosh (2007), the greatest challenge facing modern managers is to raise the quality and productivity of service work. Or Many prominent managerial authors argue th
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operation setback chart
The historical development of operation management.
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