1. Considering an example of a product and service-based business, analyse critically the importance of production systems for the success or failure of a business by identifying the critical factors...

1. Considering an example of a product and service-based business, analyse critically the importance of production systems for the success or failure of a business by identifying the critical factors of the production system that lead to the success or failure.

2. Consider three different high carbon steel producers and identify one of their plant locations each. Classify these plants in a descending order of priority as per cost of production, considering location strengths and weaknesses.