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– ## MGT603WEEKFOURDiscussionPostHM.docx **## MGT603WEEKFOURDiscussionPostHM.docx** Discussion 4: Evaluate the effectiveness of operations management **Instructions** You work in a service-based organization. A few employees have approached your management team with inventory concerns. The inventory…
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– ## MGT603WEEKFOURDiscussionPostHM.docx
**## MGT603WEEKFOURDiscussionPostHM.docx**
Discussion 4: Evaluate the effectiveness of operations management
**Instructions**
You work in a service-based organization. A few employees have approached your management team with inventory concerns. The inventory program seems mismanaged and could use a facelift. The previous manager was utilizing a revenue management approach in hopes that optimization was a possible outcome. Using the textbook or outside sources, answer the following discussion questions.
Your initial post should be roughly 200 words in length, and your responses to peers should be roughly 200 words each. Cite sources you reference in-text and under a "References" section in APA format.
**Q1 Think back to your problem statements. What inventory model does your organization use now? Is there a more effective model that should be considered? If so, why?**
**Q2 What is the difference between yield management and revenue management for service-based organizations? Is a revenue management approach appropriate in a service-based organization? Explain your answer.**
**Q3 How can service companies carry labor inventory? Provide one example.**
**## MGT603WEEKFOURDiscussionPostHM.docx**
Discussion 4: Evaluate the effectiveness of operations management
**Instructions**
You work in a service-based organization. A few employees have approached your management team with inventory concerns. The inventory program seems mismanaged and could use a facelift. The previous manager was utilizing a revenue management approach in hopes that optimization was a possible outcome. Using the textbook or outside sources, answer the following discussion questions.
Your initial post should be roughly 200 words in length, and your responses to peers should be roughly 200 words each. Cite sources you reference in-text and under a "References" section in APA format.
**Q1 Think back to your problem statements. What inventory model does your organization use now? Is there a more effective model that should be considered? If so, why?**
**Q2 What is the difference between yield management and revenue management for service-based organizations? Is a revenue management approach appropriate in a service-based organization? Explain your answer.**
**Q3 How can service companies carry labor inventory? Provide one example.**
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