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Streamlined objects and organisms, like airfoils, streamliners, cars and dolphins are often aesthetically pleasing to the eye. The Streamline Moderne style, a 1930s and 1940s offshoot of Art Deco, brought flowing lines to architecture and design of the era. The canonical example of a streamlined shape is a chicken egg with the blunt end facing ...
The Workflow Management Coalition, [6] BPM.com [7] and several other sources [8] use the following definition: Business process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the ...
In a business context, operational efficiency is a measurement of resource allocation and can be defined as the ratio between an output gained from the business and an input to run a business operation.
There are plenty of disagreements about the use of the words business model and operating model. [ 3 ] [ 4 ] [ 5 ] The term operating model may have been first used in corporate-level strategy (see History below) to describe the way in which an organization is structured into business divisions, what activities are centralized or decentralized ...
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
Mental operations are operations that affect mental contents. Initially, operations of reasoning have been the object of logic alone. Pierre Janet was one of the first to use the concept in psychology. Mental operations have been investigated at a developmental level by Jean Piaget, and from a psychometric perspective by J. P. Guilford. There ...
Operational planning (OP) is the process of implementing strategic plans and objectives to reach specific goals. [1] In an Introduction to Management and Organizational Behavior, Barbara Carlin and Marina Sebastijanovic suggest that operational planning is one of the four basic types of planning involved in organizational management.
The word "logistics" has been given many different shades of meaning. A common definition is: "That branch of military art which embraces the details of the transport, quartering, and supply of troops in military operations." As the word is used in the following pages, its meaning is even broader.
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