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Discuss the differences between each of the following:
•Normative vs. descriptive theories
•Inductive vs. deductive reasoning
•Global vs. particularistic theories
Also identify how these types of approaches relate to one another. (For example: is deductive research normative or descriptive; is it global or particularistic?)
Throughput
The rate at which a system generates its products or services over a given period of time.
Facility
A physical or virtual location where business operations occur, such as a factory, warehouse, office, or even software platforms.
Period of Time
A length or duration of moments which is measured in terms of seconds, minutes, hours, days, months, or years.
Capacity Decision
A determination made regarding the amount of production resources needed to meet expected demand.
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