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Influence of the Product Life Cycle - Operation Strategy
The influence of the product life cycle on operational performance objectives are:
The life cycle curve shown in the figure overleaf illustrates the changing operations performance criteria.
The difficulty for operations managers is that life cycles are shortening. This means that changing order winning criteria will change with increasing rapidity.
The formal strategic planning process has five main steps. We are going to analyze at the first step involving corporate mission, vision, values and goals in the context of the com
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