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Q. Concept Development and Testing in process of development?
A concept is an elaborated version of the product idea. The concepts are developed to the extent of the new product satisfying consumer needs, the price strategy involved for positioning of the product in the market, purchase intentions at a given price level and so on. This exercise of concept building helps to face and understand the situations better and is a proactive approach.
What are the disadvantages of top-down centralised approaches? The disadvantages top-down centralised approaches: Project budgets can be imposed by using top-down which is c
Value Engineering
What are the different between Work and Cost breakdown structure? Different between Work and Cost breakdown structure: Work breakdown structure produces a detailed list of e
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Importance of Materials Management The primary and secondary objectives listed above should themselves give us clear idea about the importance of materials management
Analysis of Line Balancing Problems The procedure involves the followings steps: Determine the number of work stations and time available at each work stations.
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Risk Knowledgebase and Metadata When we think of storing risk experience knowledge for our future use in the organisation and make it accessible is to build an automated repos
Question 1: "One of the main challenges of hotel management today is the rapid changes in customer requirements, trends and tastes, resulting in the necessity for frequent exte
How is Economic Order Quantity depended on costs? Economic Order Quantity depends on two costs as illustrated below: - Inventory procurement costs that consist of expenditur
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