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Question 1:
The objective of Government organizations is not for profit. Explain the problems associated with performance measurement in not for profit organisations and how the performances of these organisations could be measured.
Question 2:
In the 1990's, the traditional Management Accounting Systems were found to be inappropriate to meet the expectations of a modern manufacturing environment. John Schols wrote about the loss of relevance for the profession. Describe the strategic cost initiatives that have been taken in order to restore the relevance.
Definition of a Project" •According to the Project Management Body of Knowledge (PMBOK), explain one of the major knowledge areas and why it is important to project management. Eva
An element of work has been measured 6 times, with the following results (units of 0.01 minutes): 18, 20, 19, 21, 19, 22. What should be the full-study sample size?
Describe line and staff organisation. Line and Staff Organisation: As the industry grow in size and complexity, the line executives could not perform appropriately all other
Total Quality Management and Just in Time in Trade Offs When Skinner first introduced the ideas of trade-offs and focus, it was generally held that there was an unavoidable tr
Dispatching - Production Control The function of routing and scheduling as discussed above are paperwork only. No actual production has yet been started. Dispatching is the part
Microsoft Project, identify the resource that caught your interest and estimate its usefulness to the project management profession.
A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window. Arrivals follow a Poisson distribution, w
2. You have been assigned to make a long-term sourcing decision for a raw material you will purchase. There is only one supplier of this raw material. You estimate that you need 60
A seasonal index for a monthly series is about to be calculated on the basis of the past four years' accumulation of data. the four previous July values were 110, 135, 125, and 130
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
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