You are on page 1of 1

7. A model is a simplified representation of something that is an contemplation of reality.

For
instance, a model building that a architect builts is a copy of building which is plan for the real
building. There are three types of models physical, schematic, and mathematical models.
Furthermore, models are important because, in the decision-making process of operations
management, models play an important role. Moreover, the objective of each model is, how it
generates results, how these findings are understood and used, and what presumptions and
restrictions apply to it. Not to mention, models provide a defined method for examining a
problem and serve as a compatible instrument for assessment.

6. Services are important because it is an inseparable aspect of any country's economy. Even
manufactured items include a service component in their after-sales services, as well as sectors
such as equipment insertion and preservation. Moreover, services are essential because they
provide order to maximize the value as well as a brand to the firm's activity. When businesses
add value, it leads to increased consumer happiness, which makes the organization more
profitable. Secondly, Manufacturing is vital since it accounts for a major amount of exports, and
many service employment rely on it because it supports manufacturing. Lastly, items that aren't
made in a factory such as craft production, mass manufacturing, and lean production in which
highly skilled employees utilize simple, flexible instruments to make small amounts of
customized goods is called non manufacturing goods also agricultural goods are a source of
non manufactured goods since they are produced without human interference and grow
organically.

You might also like