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Number of Pages 21
This research paper: This 21 page paper provides an overview of operations management in small businesses. Following an introduction, there are five headings. Inventory control reports different approaches to controlling inventory to maximize profit and minimize waste, such as JIT for manufacturing firms, perpetual inventory systems and the brown bag system. Pricing offers different pricing strategies that take into consideration the customers, the market and the competition. Financial operations discusses the need to evaluate and analyze fiscal performance and also discusses record-keeping approaches. Designing the workplace offers general comments and approaches to maximize efficiency and eliminate waste. Bibliography lists 12 sources.
File: MM12_PGsmbs.rtf
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