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Operations management teams manage a lean operation to realize benefits such as the following: Reducing waste Lowering operational costs Improving quality Reducing cycle time Increasing

Operations management teams manage a lean operation to realize benefits such as the following:

  • Reducing waste
  • Lowering operational costs
  • Improving quality
  • Reducing cycle time
  • Increasing flexibility and productivity

For this assignment, address the following:

  • Discuss the trade-offs involved in shifting from a traditional operations system to a lean system for a manufacturing firm and a service firm.

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