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Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system, is the single most important measure for improving a process. Can you think of a situation when this might not be true?
Explain Critical Path. This is that sequence of activities that decide the complete project duration. Critical Path is formed by critical activities. This path consumes maximum
Summarize the classical, behavioural and quantitative perspectives on management Identify the most important factors in each perspective
1. Why would the government not tax us for the Employee Benefits we receive? 2. As a percent of payroll, how much does employer pay for Employee Benefits? 3. Explain the defe
Explain step in location selection
Identify at least one example of probability encountered in everyday life which has not previously been mentioned AND THEN Identify the type of probability your example best fits b
what is aggregate planning
What are programmed and non-programmed decisions? Programmed decisions are which made in accordance with some procedure, rule or habit. Non-Programmed decisions are those which
what do you understand by line balancing
Describe FIVE forms of waste within manufacturing organisations that lean process improvement aims to eliminate. Inventory (all components, work in progress and ended produ
Choosing which processes are core to a firm's competitive postition is a key strategic decision. For example, Nike, a popular sports shoe company, focuses on the customer relations
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