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Modern Management: concepts and skills, 14/e
book

Modern Management: concepts and skills, 14/e

by Samuel C. Certo, S. Trevis Certo
December 2014
Beginner content levelBeginner
480 pages
118h 48m
English
Pearson
Content preview from Modern Management: concepts and skills, 14/e

Operations Control

Once a decision has been made to design an operational plan of action, resource allocations are considered. After management has decided on a functional operations strategy by using marketing and financial plans of action, it determines what specific tasks are necessary to accomplish functional objectives. This process is known as operations control.

Operations control is defined as making sure that operations activities are carried out as planned. The major components of operations control are just-in-time inventory control, maintenance control, cost control, budgetary control, ratio analysis, and materials control. Each of these components is discussed in detail in the following sections.

Just-in-Time Inventory Control

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Publisher Resources

ISBN: 9780134729138