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Layout of Facilities
Layout refers to the arrangement of facilities. A plant layout refers to the arrangement of machinery equipment and other industrial facilities such as receiving and shipping departments tools rooms, maintenance rooms and employee amenities for the purpose of achieving the quickest and smoothest production at the least cost.According to shubin " Plant layout is the arrangement and location of production machinery work centres and auxiliary facilities and activities ( expectation , handling of material storage and shipping for the purpose of achieving efficiency in manufacturing products or supplying consumer services"According to Keith and Gubellini "Plant layout deals with the arrangement of the physical facilities and the manpower which are required to manufacture a product or perform a service"According to j. Lundy "Plant layout ideally involves the allocation of space and the arrangement of equipment in such a manner that overall operations costs be minimized".
A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100
1. Why is some knowledge of accounting necessary to succeed in business? Provide examples. 2. Name some of the major stock exchanges where securities are traded. Describe the ch
1. Garden Variety Flower Shop uses 1000 clay pots a month. The pots are purchased at $3 each. Annual carrying costs per pot are estimated to be 25% of cost, and ordering costs are
Question 1: W. E. Deming is credited with providing the foundation of Japanese Quality and resurgence as an economic power. Deming is the best known quality expert in the worl
Explain Productivity in terms of management. Productivity may be defined as the ratio in between output and input. Output implies the amount produced or the no. of items prod
Samantha (Sam), a book dealer, has the following assets: a building worth $155,000, accounts receivable amounting to $32,500 due within the next three months, and $25,000 cash in t
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What is the goal of optimal mix?
Select a company that you believe uses employees to achieve a competitive advantage. Discuss how the employees effectively execute the strategy and how the company can sustain this
Several weeks after a depositor's death, Chase Manhattan Bank paid 12 checks on the deceased depositor's account. The depositor's signature on the checks had been forged. The estat
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