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Question :
What are the common characteristics amongst the several forecasting methodologies / techniques?
The different techniques make a common assumption that what happened in the past will continue to happen in future.
Project Organisation - Operations Function The project system is a special category at the low-volume end of the spectrum. This entails the execution of many interdependent pa
The production manager at company XYZ needs to prepare forecasts of product demand in order to plan for appropriate production quantities. In the past, demand for the product has b
What is the strategic significance of Design in operations management?
Activity Sampling - Process Design This is a method of finding the percentage occurrence of a certain activity by statistical sampling and random observation. It is used when
Access - Customer Satisfaction and Service Quality Involves approachability and ease of contact. It means: the service is easily accessible by telephone (lines are not busy an
what are the objectives that an operation should could consider in order to ensure a good layout
1. Explain the quandary experienced by Skinner (1969,1974) and his advocacy of a 'focused factory'. Answer: Skinner argued that the trade-off concept is based on the quandary th
Question: Nostromo Ltd is specialized in electrical installation for space ships. This electrical installation process require a certain amount of drilling and wiring. The dril
Examples of organisations that practice Lean synchronisations
the rate of use of a particular raw materials from stores is 20 units per year. the cost of placing and recieving an order is Rs. 40. the cost of each unit is rs. 100 . the cost of
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