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According to Goldratt:
A. Utilization, Productivity, and Operating Expenses are the three vital metrics of a process
B. Maximizing the efficiency of each resources would generate money for the company.
C. A product coming out of a non-bottleneck is precious and should not be wasted.
D. An hour lost at the bottleneck is an hour lost for the entire system.
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Does an organizations culture follow its strategy or does an organizations strategy follow its culture?
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Review the initial scenario and the Strategic Business Plan presented in Module 1to make sure that the requirements of the Board and the Part II Strategic Plan are met. In order to meet the requirements of the Board, you will prepare the finalStra..
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A manufacturer makes two products, doors and windows. Each must be processed through two work areas. Work area #1 has 60 hours of available production time. Work area #2 has 45 hours of available production time. Develop an objective function that wi..
Illustrate what does it mean to take a systems view of a project. Elucidate how does taking a systems view of a project apply to project management.
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