Why are feedbacks loops so important in monitoring supply, Ask an Expert

Management Studies

Q. We have a product/service which is saleable, we have a process which creates it, and we get it out to the consumer, now what? Why are feedbacks loops so important in monitoring supply also demand? Where the feedback loops should be placed also why in these locations?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9308797

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