2 discussion questions for operation management.

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Business Finance

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1.Capacity

Define economies and diseconomies of scale. Based on your understanding, provide and discuss some examples of economies and diseconomies of scale in a college environment.

2.forecasting

Suppose that you were thinking about opening a new coffee shop. Discuss how you would go about forecasting demand and sales. Discuss the variables are you going to use.

a paragraph for each question.

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Running head: OPERATION MANAGEMENT ANSWERS

Operation management answers
Student’s Name

Institution

OPERATION MANAGEMENT ANSWERS

2

Economies and diseconomies of scale
Economies of scale is an economic term that is used to describe the decline in the longrun average costs as the volume of production increases. This means that the cost of dealing or
producing few units is higher than that of pr...


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