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Some ethical philosophers are deep thinkers. In the area of distributive justice, the concept of ‘Veil of Ignorance' by John Rawls is not an easy concept to understand. In your own words, what is the ‘Veil of Ignorance?' Does this concept make sense? Does this concept apply to business decisions? Explain
Why is project management popular tool in recent years?
Suppose you are the manager of an accounts receivable unit in a large company. You are switching to a new system of billing and record-keeping and need to train your three supervis
Illustrate the examples of the inventory control systems? Examples of inventory control systems Reorder level systems: When the current stock level decreased below a
state the major factors that affect location decisions?
A manufacturer concerned mainly with production efficiencies and reducing unit costs is known as Production oriented.
An 8 hours work measurement study in a plant reveals the following : Units produced= 320 nos. Idle time = 15% performance rating-= 120% . allowances = 12% of normal time. De
2. You have been assigned to make a long-term sourcing decision for a raw material you will purchase. There is only one supplier of this raw material. You estimate that you need 60
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Contents of an Operations Strategy The contents of an operations strategy is the policies, plans, performance targets which the organisation wishes to achieve. To determine
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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