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At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probability of 90%; the expected benefit of selecting machine B is $80,000 with a probability of 50% and the expected benefit of selecting machine C is $60,000 with a probability of 75%? Machine A Machine B Machine C You would be indifferent between machines A and C You would be indifferent between machines A and B
a time study was made of a punch press operator. the average observed time after discounting non normal occurrence was 0.52 minutes per unit. the operator performance was judged to
• Compare and contrast the theories of scientific management with that of the human relations management approach. • Determine whether there is one best approach to management,
1. Is work measurement used in your own organisation? If not, then give thought to how: alternative methods are compared; load is balanced with capacity; productivity is monitored;
Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news. Find an example o
Advantage of Vogel Approximation Method a. This method is very systematic. b. This method takes lesser time in solving transportation problem. c. Less computation a
When you're creating a online site, how busy, technology intensive should you make it
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
What are the challenges of working across boundaries and how can human resources prepare employees to thrive in a boundary-less organization
It has been suggested that emotional intelligence is more important to good leadership than technical or intellectual intelligence. Do you agree or disagree with this suggestion? W
In what ways do executive search firms differ from traditional employment agencies?
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