BUSI 1600U Chapter Notes - Chapter 10: Statistical Process Control, Facility Location Problem, Operations Management
Document Summary
Chapter 10: producing world class goods and services. One of the largest producers of forest products in the world, with plants in nearly all provinces turning out a vast array of wood, furniture, and paper products. Is facing some serious challenges to its ability to remain a modern, competitive, industrial country. Today"s business climate is characterized by constant and restless change and dislocation, as ever-newer technologies and increasing global competition force companies to respond quickly to these challenges. Other companies will become stronger and more competitive, so the federal government"s innovation strategy will focus on research and development as a way to improve our competitiveness. Research and development (r&d) work directed toward the innovation, introduction, and improvement of products and processes. The 3 most important objectives of innovation are to improve product quality, to increase production capacity, and to extend product range.
