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Explain Industrial Disputes Act. The Industrial Disputes Act intend at settling disputes between Employer and Employees.
When are the holding costs raised? Holding cost rises while the size of order rises. It is since a higher level of average stock will be kept during the year. Thus holding cost
Explain the relationship among 'Business Ethics' and 'Corporate Social Responsibility' Ethics may be viewed as a set of moral principles that guide behaviour, based on what is
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected demand for the display cases is 1,000 units, and ave
List and explain some of the important factors to be considered when selecting a new location for a hospital to be built from some potential site
A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days. In t
Optimal Capacity Determination For a given capacity of a plant the average unit cost of production of a product decreases as the output rate( say in number of units produced p
Cost management processes are involved in estimating, budgeting and controlling costs so that the project can be completed within the approved budget.
Discuss the market and manufacturing requirements that make it appropriate to use MRP and Just-in-Time.
The OM module is assessed by an individual written report that deals with the application of one or more aspects of the theory taught on the course in the context of an organisatio
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