Assignment Sample on U20859/U25188 M452 Operations Management Question 1) i) Effective and Efficient Effective and efficient algorithms are very helpful for solving various optimization problems of an organization. In this context it is very important to say that the effectiveness and the efficiency of an […]
Assignment Sample on U20859/U25188 M452 Operations Management Problem 1: Discussion on given question i) Effective and efficient: Both the terms provide different meanings within operations of a manufacturing company. Efficient indicates achieving maximum productivity at a minimum effort and wastage of resources. Effective refers to […]
Assignment Sample on U20859/U25188 M452 Operations Management Problem 1 The terms efficiency and effectiveness are not interchangeable. Productivity is defined as the ability to accomplish something with the least amount of time spent sitting around idly, money, and effort or ability in execution. The term […]
