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The roller coaster at Treasure Island Amusement Park consists of 15 cars, each of which can carry up to three passengers. According to a time study each run takes 1.5 minutes and t
Briefly discuss benchmarking as process improvement tool. Explain six types of benchmarking and give four reasons why some businesses have failed to derive maximum benefit from it.
The project sponsor is the person or group that provides financial resources, in cash or in kind, for the project.
Long term Capacity Reduction Capacity planning does not necessarily mean the expansion of the capacity. It may also mean reduction of the capacity which may be done in the fol
What are the key factors that defines Google's success in the industry? What are their key competencies, capabilities and resources of being a successful search engine?
The following table shows the activity details of a project. What the earliest the project can be completed? Activity Days Predecessor ctivities A 4 - B 5 - C 3 A D 5 A E
Monte Carlo simulation is a technique used as part of: Answer Risk identification Risk assessment Risk monitoring and control Risk handling
Operation Strategy in Organisations 1. There are three schools of thought in strategic thinking: rationalist, evolutionist and some combination of both. 2. There are multi
In order to assess the operational and cost effectiveness of your supply chain it will be necessary to MEASURE progress (or the lack of it.) How do you go about creating a measurem
Explain creating a constant flow of new products or continually updating and improving the current product line: Within a product planning activity, this is clear that b
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