Effective production and operations management can lower a company's costs of production,boost the quality of its goods and services,allow it to respond dependably to customer demands,and enable it to grow while creating new value for customers by providing new products.

Question

Quizplus · Accepted Answer

Effective production and operations management streamlines processes, reduces waste, and optimizes the use of resources, leading to lower production costs, higher quality products, and the ability to meet customer demands more reliably. It also supports innovation and growth by enabling the company to introduce new products that add value for customers.

Effective Production and Operations Management Can Lower a Company's Costs