There are different statistical tools such as control charts to reduce variation. The inputs may not be similar in the services to get the desired output. In services, the staff knowledge and other process are prioritized.
Productivity can be measured easily in products when compared to services. The manufacturer can reduce the variation at any stage of production. The demand for products depends on the consumption levels of the market whereas the elements which influence the demand of service vary to a large extent.
Comment 0 Step 3 of 3 The fact to be noted is that different types of personnel are required to manage the operations related to manufacturing of goods and the delivery of services.
Even if the services are related to the goods being manufactured by the firm, the service personnel need to have overall knowledge regarding the actual working of the equipment under field conditions rather than how it was built.
In products, the quality levels are of a certain standard. In products, the customer does not involve in the process whereas in service, customer contact is high. Therefore, a firm dealing with both manufacturing and services needs to have different sets of personnel to handle the operations related to these two sectors.
Comment 0 Step 2 of 3 Following are the interpretations relative to operations management: It is necessary to manage variations as it is not possible to correct them once the service is delivered.
For example, to manufacture a product, the inputs are same for the entire production. The quality of services may vary based on the service provider and customer. Services tend to be more variable when compared to products as there are different factors which influence service.
More emphasis is placed on inventory in manufacturing of products. As services are perishable, the cost will be more if the supply exceeds the demand. However, in a college or educational institution different courses are offered to different students in an academic year.
Demand forecasting or capacity planning are more difficult for services when compared to products.View Test Prep - Chapter 7 - Solution Manual from ACCOUNTING at University of Florida. CHAPTER 7 FLEXIBLE BUDGETS, DIRECT-COST VARIANCES, AND MANAGEMENT CONTROL Management by exception is.
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Summaries, past exams, lecture notes and more to help you study faster! solution manual for management and cost accounting 7th edition by colin drury Study Documents. Chapter Book solutions. Inleiding Accounting.
View Homework Help - CH 4-solution manual from ECON at Sun Yat-Sen University. Atkinson, Solutions Manual t/a Management Accounting, 6E Chapter 4 Accumulating and Assigning Costs%(5).
Solution manual for Financial Institutions Management A Risk Management Approach 8th edition by Anthony Saunders. Table of Contents.
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