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In a short essay, define 'operations management' and discuss the importance of this management process.
Chapter 13
A type of bankruptcy filing in the United States that allows individuals with regular income to develop a plan to repay all or part of their debts.
Payments
The transfer of money, goods, or services from one party to another as fulfillment of an obligation or settlement of a debt.
Plan
A detailed proposal for doing or achieving something, often outlining objectives, strategies, and actions.
Estopped
A principle that prevents a person from denying or asserting anything to the contrary of that which has been, in the context of the facts of the case, established as the truth.
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