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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
Briefly, identify and describe, in your own words, the different measurements used in the selection process. What are the advantages and disadvantages of each?
Distinguish between management information systems and operations information systems
If you became the new manager at restaurant with high employee turnover, what actions would you take to increase retention of employees?
Why is it deemed necessary to protect the environment? What does it mean to society? To business? To the individual? To future populations?
kindly explain how calculations are done
Explain understanding of human behaviour. Understanding of Human Behaviour: Understanding human behaviour is significant for any one dealing along with human resources. This
What is managerial problem solving and how does it affect a business job?
Testing the Optimality: After obtaining the initial basic feasible solution the next step is test whether it optimal or not. There are two methods of testing the optimality of a
Describe the framework of the general model of planned change. Include a discussion of each activity and a typical sequence of events.
Why should one study operations management?
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