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A manufacturing company would like to measure total factor productivity and labor productivity. Given the following data for the last 3 years, find the total factor and labor ratios for each year. How would you interpret the results? Category Year 1 Year 2 Year 3 (Figures are in thousands of dollars) Sales 110 129 124 Materials 62 73 71 Labor 28 33 28 Other Inputs 8 12 10
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
1) You've had a variety of weekly leaders in this class, and you've all turned in Status Reports. What can you do to improve that process and better evaluate and manage your teamma
The defect rate for a product has historically been about 2.4%. What are the upper and lower control chart limits for a p-chart, if you wish to use a sample size of 100 and 3-sigma
1. The investment a company makes in training employees to perform their duties and redesigning products and processes to improve them would be categorized as prevention costs. 2.
Is there one best time for performance appraisal? Explain
Two employees speak Spanish to each other at work. Because they often giggle or laugh, some of their co-workers and a few patients think that they are being made fun of, and they d
1. The purpose of supply chain management is to synchronize a firms processes with those of its suppliers and customers. 2. Supply chain management tries to match the flow of ma
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
What are the four major goals for IT? How are the four goals achieved? How does the integration of IT improve the management of supply chains?
Describe the steps involved in conducting a risk and opportunity assessment.
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