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Explain about the economics of scope of lean production.
Economies of scope:
It is possible while resources as like machinery or labour can be shared to manufacture various products for instants a condition where small type inputs can create a greater variety of outputs or products, by using multi skilled staff and multipurpose machinery. A larger business value and lower cost can be attained by jointly producing various products using similar common inputs for example, flexibility to diversify production without important investment needed, since scope exists to substitute resources through one process to another.
End-User Computing and Systems- Please respond to the following: •Discuss the advantages and disadvantages of end-user computing and determine if this is an application that should
Process Capability Index - Measure of the Inherent Capability This index provides a measure of the inherent capability of a process by simply relating the 6σ spread of the pro
What are some of the factors that cause organizations to redesign their products or services?
A water skier who breaks his leg after a tumble while water skiing, where the lake was free of obstacles and the boat was operated properly, will probably fail to recover in an act
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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 $
a firm whether to make or buy a part required in its operation. cost and volume estimate are as follows annual fixed cost make $15000 buy none, variable cost make $60 buy $80, annu
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I would like to know how can i get the solutions maual for the book systems analysis and design 9th edition by kendall & kendall can you please let me know how to do it
How does business obtain the ability to assimilate, synthesize, and apply the concepts of management information systems; specifically how information systems transform business; h
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