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Importance of identifying risks and categorizing

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Reference no: EM132677912

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Operation Management Questions & Answers

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Briefly explain Evolution and contributor of Operations management.

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Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

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Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

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Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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