What is the Law of Variability and how does it apply to production operations management?
Law of Variability:
The law of variability is a concept in which the increase in the variability will put down on the performance of the production system.
The Law of Variability would apply to production operation management as explained below:
1. The waste can be eliminated through different alternative solutions in the production operation management.
2. Improvement can be done in the quality, time etc through Law of Variability.
3. The completion time can be increased through Law of Variability, as where different decision can be taken into consideration.
What is the Law of Variability and how does it apply to production operations management?
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Please help
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