What are some reasons that business outputs vary

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Reference no: EM131672569

1. What are some reasons that business outputs vary? For example why does production output vary? Explain the difference between common causes of variation and special causes of variation.

2. What is a decision model? Why is it important to business? What are the three types of inputs common to decision models?

3. Provide some examples of waiting lines in everyday life. What decisions must managers of such systems consider?

Reference no: EM131672569

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