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Which business cost containment approach is being used in the healthcare industry?
1) Lean: based on the Toyota model of reducing inefficiencies but improving quality care.
2) Six Sigma: A Motorola approach that uses statistics to identify patient care issues
3) Plan, Do, Study, Act: A four step process that improves workflow.
4) All are correct
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
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