What do you mean by operations management? Discuss the block diagram (Input-ProcessOutput model) of operations management with respect to a Bank, Restaurant and Hospital. 

Operations management refers to the process of managing all the activities involved in the production of goods and services. It involves planning, organizing, controlling, and monitoring the resources that are used to produce products or services.

The input-process-output model is a representation of operations management that explains how inputs are transformed into outputs. It consists of three basic components: inputs, processes, and outputs. The model shows how these components are connected and how they interact with each other to produce a final product or service.

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