Electric utility

What is the difference between economies of scale and economies of scope? How do firms consider these when investing in processes?

Assignment Classify the following types of processes as continuous, assembly line, batch, job shop, or project: Doctor’s office Automatic car wash College curriculum Studying for an exam Registration for classes Electric utility Why are assembly-line processes usually so much more efficient but less flexible than batch processes? Give three reasons. The rate of productivity improvement […]

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