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Operations management is concerned with designing and controlling the production of goods and services, [1] ensuring that businesses are efficient in using resources to meet customer requirements.
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.
An operational definition is designed to model or represent a concept or theoretical definition, also known as a construct.Scientists should describe the operations (procedures, actions, or processes) that define the concept with enough specificity such that other investigators can replicate their research.
A welcome screen for the Free-net bulletin board, from 1994. A bulletin board system (BBS), also called a computer bulletin board service (CBBS), [1] is a computer server running software that allows users to connect to the system using a terminal program.