Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 5, Problem 3.4Q
Summary Introduction

Interpretation: Utilization of WMA Fast lane installation at exit 53.

Concept Introduction: Utilization is a measurement of efficiency as it measures the effectiveness of a product/service against its capacity and the actual performance. It helps in reducing the costs as well as the wastages while efficiently managing the capacity of the products/services in maximizing the profits/performance.

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