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An Operations Strategy Must Resist Change Because of the Long-Term

question 23

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An operations strategy must resist change because of the long-term nature of equipment and personnel investments.


Definitions:

Number Expressed

A way of representing a quantity or value in terms of digits or symbols.

Thousandths

A fractional part in a series, representing one part out of a thousand.

Hundred-Thousandths

A decimal fraction represented as one part in a hundred thousand, indicating a very small quantity in precise calculations.

Decimal Point

The period between two numerals.

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