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Explain the following terms in your own words and give specific, real life examples to illustrate your understanding of the term: 1. Tangible versus intangible resources 2. Core competencies 3. Sustainable competitive advantage 4. Value chain 5. Outsourcing.
What are the Chase demand strategies? Chase demand strategies: It is just the opposite of a level capacity strategy. The organisation frequently chases customer demand an
Factors Affecting Scheduling - External Factors The following factors govern the scheduling and are to be considered before establishing scheduling plan: External Factors:
Siting Departments for Process Layout - Manufacturing One of the most significant features of the siting of departments in a process layout is its surprising complexity. Even
Functions of work Measurement: 1. To analyze the operations and to evaluate them in terms of time from the point of view of controlling the activity. 2.
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 $
Concept of Trade off in Business Strategy The trade-off concept was first introduced by Skinner (1969,1974) who carried out a large study of successful American manufacturing
A) supply node is one where the total flow into the node is less than the total flow out of the node B) A transshipment node is one where the total flow into the node equals th
Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among
Internal Factors - Factors affecting productivity improvement These are the factors which may be modified by the company and may, in themselves, be sub-divided into two catego
Range - Statistical Aspects of Variability The range is simply the difference between the highest and lowest measurements recorded. Let us say that, in this case, the highest
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