What is the difference between the value chain and the, Operation Management

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What is the difference between the value chain and the

1. What is the difference between the value chain and the primary activities of a firm? Why are these activities important to a firm’s strategy?

2. How is the simulation process used in Decision Sciences models? What are the advantages of using simulation? What are its limitations? How can a simulation model be verified? Give a real world example where using simulation is appropriate.

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Operation Management: What is the difference between the value chain and the

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Operation Management: What is the difference between the value chain and the

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