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Describe the expected-value decision rule.
How do small organizations and large organizations differ in design?
What effect does your organisation's facility layout have on the following (where appropriate): inter-process movement; health & safety; congestion; resource utilisation; work-in-p
Customisation - Service Process Matrix Customisation reflects the degree to which the service provided is tailored to the needs of the customer. Organisations which have a hig
If you decide to use debt financing, which kind of loan, fixed-rate or variable-rate, would you prefer? Why? If you decide to use equity financing, where would you find equity f
Explain work study as a management tool. Work Study as a Management Tool: Work study checks the work done in an organization and this aims at finding the best and most effici
Formulate the following problems:B.7; B.8; B.10; B.11 and B.17. Do not solve
Discuss potential key changes in the external environment, specifically competition and technology including communications that Sigma will face in the future. Which will have the
Economics issues and operation research solutions
How would you measure marketing productivity? What measures would you use and why? Explain.
A firm owns facilities at six places. It has manufacturing plants at places A B and C with daily production of 50, 40 and 60 units respectively. At points E, E and F it has three w
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