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Why is basic instruction valuable? When should it be used?
Operations managers will always want to know the monetary cost a training project will be. Stating the intrinsic value is important as part of the return, but how would it make or
What kind of problem would you apply a systems analysis to? Why?
How can product development costs be minimized by entering the market late
Why are standards important in many industries? As standards get adapted and become dominant, how does this process influence the competitive nature of the industry? When Walmar
basic stages of Operation Management
The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1
1. Capacity is the maximum rate of output of a process. 2. Capacity decisions should be made separate from strategic decisions. 3. Capacity can be expressed by output or inpu
Interaction - Service Process Matrix Interaction refers to the degree to which the customer can intervene in the process (eg in a restaurant, the customer may call a waiter at
In a project, executive and boss are working together. The executive can be sincere or insincere, and the Boss can either reward or penalize. The executive gets no advantage for b
Explain Critical Path. This is that sequence of activities that decide the complete project duration. Critical Path is formed by critical activities. This path consumes maximum
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