Discuss significance of the term knowledge-based pay system

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Give references for all answers.

1.Discuss significance of the term knowledge-based pay system

2. What is a flexible manufacturing system, and under what set of circumstances is it most appropriate?

3. What are the trade-offs that occur when a process layout is used? What are the trade offs occur when a product layout is used.

4. Discuss or explain the trade-off between responsiveness and stability in a forecasting system that uses time series data.

6. Explain two factors that could make service design much different than product design.

7. Which characteristics must a project have for critical path scheduling to be applicable?

8. Which types of projects have been subjected to critical path analysis?

Reference no: EM133229866

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