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Functions of work Measurement:
1. To analyze the operations and to evaluate them in terms of time from the point of view of controlling the activity.
2. To control machine and labor utilization after assessing to plant capacity accurately.
3. To standardize the working conditions for an efficient operation.
4. To standardize the standard of performance which ultimately form the basis of the wage payment to the direct labor?
What is the average value of a loyal customer (VLC) at Abby''s restaurants (see Chapter 3)? What is the best way to increase revenue given your VLC analysis
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Companies are now more and more interested in using intangible assets and human capital as a way to gain an advantage over competitors. True False
meaning of operation function in operation management
Project failure can result from all of the following causes EXCEPT- A. Support of senior management B. Changes in scope are not agreed upon by all parties involved C. Too
Company A has four plants locating in different cities across the region. There are three markets the company is selling its products to. Currently, each plant can only produce 500
Given that frame, what are some of big issues facing CEOs and Organizations. Which ones do you think are the most problematic in terms of impacting strategy?
How the expected time estimate is calculated in PERT ? In PERT the expected time estimate is computed on the basis of Beta distribution of time estimates.
Evolution of the supply chain Procurement, materials management and logistics management activities can be combined by the integration of software packages such as ERP. For m
Why do marketing managers need research and what is its role in decision making?
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