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Comparison between method and work measurement:
Method study is the principle technique for reducing the work involved primarily by eliminating unnecessary movement on the part of materials or operatives and by substituting good method for poor ones. Methods study can reveal shortcoming of design materials, and method of manufacture and as such affects mainly technical people.
Work measurement is concerned with investigating and reducing and subsequently eliminating ineffective time. Not only can it revel the existence of ineffective time but it can be used to set standard times for carrying out the work so that if any ineffective time does evolve later it will immediately be found out by the increased standard time Work measurement is more likely to shown up the management itself and the behaviour of the workers.
Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure t
Vogel Approximation Methods ( VAM): Step 1: For each row the transportation table identify the smallest and next to smallest cost. Determine the different between the
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How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?
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Identity technological infrastructure that supports operations management
An individual has $25,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio,
What would you suggest to companies on how to create a living, adapting marketing plan?
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