Examlex
Which service gap is the Ritz-Carlton Hotel trying to address when it takes time and spends up to $1,700 to train a new employee?
Service Productivity
A measure of the efficiency of a service operation, typically calculated as the ratio of outputs (services provided) to inputs (resources consumed) in rendering the service.
Flexible Manufacturing System
A system that allows for the easy adaptation of the production equipment and processes to manufacture different types of products or change production volumes in response to market demands.
Benefits
Advantages or positive outcomes resulting from actions, activities, or participation in certain programs or initiatives.
Flexibility
Flexibility refers to the ability to adapt or adjust to new conditions, changes, or challenges without significant impact on functionality or outcomes.
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