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Impact of Information Technology on Production and Operation Management In last few years, technology has changed the way organization conduct their business. Advent of technology in operation management has increased productivity of the organization....
Labor Market A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying...
Queuing Decision Theory Queuing theory was developed in the early 1900s by A.K. Erlang to study fluctuating demands in telephone traffic. After World War II, Erlang’s work was extended to general business applications, and...
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