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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 tasks well. The increasing rapidity of modification today as compared to earlier periods intensifies the requirement for study, adaptation and new training and education.
Education enhances an employee and he can take up and handle jobs of higher responsibility, while, training prepares an individual therefore he can accomplish his industrial task effectively and efficiently. Education enhances knowledge and training effectively the skill and aptitude. Training and Education are complementary to each other.
How Break even Analysis helps in solving the problems. Break even Analysis assists solving the problems of following: (a) What volume of sales will be necessary to cover?
Balance the assembly line in Exhibit 8.12 for (a) a shift output of 60 pieces and (b) a shift output of 40 pieces. Assume an eight-hour shift, and use the rule, choose the assignab
The demand for a product for the past 30 periods is shown below. Determine the reorder point, R, and order-up-to-level, S, for this product for the next 6 periods (periods 31-36).
Merk, Inc., produces electronics component on an assembly line. The standard cost for the component is $105 (labor $15, materials $60, and other costs $30). The sellings price is $
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Why is managing bottlenecks so important in work-center scheduling?
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From the e-Activity, discuss ways the company you researched could benefit (or more likely already is benefitting) from robust materials requirement planning. Provide specific exam
Forrester and Cohen is a small accounting firm, managerd by Joseph Cohen since the retirement in December of his parnter Brad Forrester. Cohen and his 3 CPA's can together bill 640
Define measuring the input of the employee. Measuring the input of the employee is not a purpose of Performance appraisal in modern management.
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