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1. How is a standard time determined by time study?
Answer: The job is broken into well-defined short elements, which are then repeatedly timed by stopwatch, the worker's rate being simultaneously assessed. The average observed time is then multiplied by the rating and divided by the standard rating of 100, to obtain the basic time. To this, relaxation and contingency allowances are added to obtain the standard time.
What is Diversification? Ans: Diversification is guiding activities into different lines of business.
The Swiss pharmaceutical global corporation Hoffman-La Roche has made a major breakthrough in the relief of a serious disabling disease that affects 3 percent of the world's popula
when manager monitors the progress of an affirmative action program to advance minorities within the corporation; reviewing progress on changing in staff attitude; calls a special
Please show your work: APA Citation and Reference Materials and Please provide a project example for both the question. 1) You are the civil engineering foreman in charge of a 24-p
What value-added components must blockbuster incorporate into its current movie rental business to survive in the environment today?
Concept of Trade off in Business Strategy The trade-off concept was first introduced by Skinner (1969,1974) who carried out a large study of successful American manufacturing
Discuss the four enablers of purchasing and supply chain excellence.
1. Draw a process flow diagram of the process described in the case. Be sure to identify the key resources involved and the task times at each step. 2. What is utilization at ea
Suzy, a bartender, can serve drinks at the average rate of one every 35 sec. During a hot evening recently, the bar was particularly busy and every 45 sec someone was at the bar as
A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The ca
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