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What are the advantages of studying a sample from the population instead of the studying the entire population though a census?
Evaluation of potential projects by weighted scoring matrix: A five year project has a projected net cash flow of $20,000, $25,000, $35,000, $15,000, and $25,000 in the next f
Process configurations - products The categorisation of production systems according to volume of output was discussed: project, job shop, batch and continuous. The Hayes and
How have globalization and information technology created new opportunities for entrepreneurs? Describe current demographic trends that suggest new goods and services for entrepren
What happens if balance doesn’t exist?
Leadership training and development throughout all levels of the organization. From your experience discuss the importance this component and why? Include examples
How does a company's vision & plans affect its structure?
Explain objectives of organisational development. Objectives of Organisational Development (i) Enhancement in the performance of the organisation. (ii) Enhancement in t
Ask Managers, as decision makers can purchase computer software to solve specific Operations Research (OR) formulations and as such it is not important for them to learn the OR tec
What do you understand by “line balancing”? What happens if balance doesn’t exist?
a small assembly line for the assembly of power steering pumps needs to be balanced. exhibit 8.11 is the precedence diagram. the cycle time is determined to be 1.5 minutes. how wou
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