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What are the advantages of the Level capacity strategy? The advantages of the Level capacity strategy: a. Employment of operational resources at all times. b. Efficient p
Recalling your participation in Workshop 1, identify a process at your organisation that has been or could be analysed and/or improved using simulation (via software such as Extend
Layout: Line balancing Kiko Teddy Bear is a manufacturer of stuffed teddy bears. Kiko would like to be able to produce 40 teddy bears per hour on its assembly line. The followin
Explain problem of industrial marketing in india. Industrial market has all individuals and organisations which acquire goods and services into the production of other product
Define importance of Training and Education. Importance of Training and Education: Training and education bring employees to a standard whether they can carry out industrial
Typical Financial Performance Measures Profitability - Profit margin, return on capital invested, return on equity Liquidity - Current ratio, cash position, working ca
Johnson, Inc., a U.S.-based MNC, will need 10 million Thai baht on August 1. It is now May 1. Johnson has negotiated a non-deliverable forward contract with its bank. The reference
what are the different steps in quantitative forecasting in manufacturing
Product A is and end item and is made from 2 units of B and four of C. B is made of 3 units of D and two of E. C is made of two units of F and two of E. A has a lead time of 1 week
A manager must make a decision on shipping. There are two shippers, A and B. Both offer a two-day rate: A for $536 and B for $525. In addition, A offers a three-day rate of $464 an
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