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Towards a Typology of Production and Operations Management Systems

✍ Scribed by Everett E. Adam, Jr.


Book ID
124866255
Publisher
Academy of Management
Year
1983
Tongue
English
Weight
365 KB
Volume
8
Category
Article
ISSN
0363-7425

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## Abstract A firm chooses the production speed and amount of labor that maximizes profit in a perfectly competitive market. Faster production raises management expenses and the unit cost of production mistakes. Adding workers enhances the division of labor on the production line and raises work‐in