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Advantages of ERP 1.Inventory Reduction: Through this process it is possible to procure a component as it is needed thereby avoiding cost of carrying it and excessive safety st
The defect rate for a product has historically been about 2.4%. What are the upper and lower control chart limits for a p-chart, if you wish to use a sample size of 100 and 3-sigma
How would the EBQ change if the set-up costs were reduced by 50 percent, and the holding costs were reassessed by 40 percent, taking account of the opportunity costs of capital at
Products and Services of a Company - Customer Perspective In this perspective, the company needs to depict the way by which the internal and external customers value the compa
Hard Change Initiatives - Linking Strategic 1. Total quality management (TQM)/ISO 9000 2. Enterprise resource planning (ERP)/material requirements planning; manufacturing
Simultaneous Motion Cycle: It is sometimes required to record in minute detail the simultaneous movement of the different parts of the body of an operator duri
Fulton Enterprises is trying to determine standard production per day for an incentive program. Suppose that the incentive program will pay $1 per unit produced above standard rate
Evaluation of the Process Design One of the objectives in designing the process flow is to ensure that goods and services are produced at minimum cost. A major problem confro
Imagine the difficulties of an employer whose decision context is choosing a new employee from a set of applicants whom he will interview. What do you think the employer's objectiv
Hello Sir, This is Riddhi Trivedi I, am Faculty of Commerge and Management. Subject is there Materials & Production Management, but i want a perfect reference book where i get all
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