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Vertically Integrated or Virtual Organisation An organisation might decide not to source goods or services externally but to own the supplier company itself. For instance a
1. Which of the following statements about the ABC inventory classification system is TRUE? a. This approach is based on an insight established by Adam Smith in The Wealth of Na
In what way does a person's value system impact the development of organizational policies? Please limit your answer in just in four paragraphs.
Fatigue is a major safety concern in the aviation industry. How does safety management address fatigue issues yet accomplish the job without incurring more costs in the company. We
How did the corporation perform the past year overall in terms of return on investment, market share, and profitability?
explain the concept and practice of corporate social responsibility (CSR).
Just-in-Time (JIT) Please respond to the following- • Develop three examples that illustrate how a manufacturing company of your choice uses JIT, and then determine three to fou
Which of the following could not be used as a fire wall? a. hub b. router c. server d. PC
Define the term total quality management in short. Total quality management (TQM): Total quality management is the procedure of embracing a quality conscious philosophy o
Optimal solutions to linear programming problems are found under probabilistic assumptions
Line Balancing- Line: an assembly line composed of various work stations, at which particular operations are performed.- To work efficiently, with no work pile-ups between stations, the line must be balanced, for example work must get through each workstation in roughly similar amount of time.Goals:1. To meet production goals,2. Maximize output.General Approaches to Line Balancing Technique1. Estimating number of operators for a specific number of stations,2. Work element sharing: grouping “activities” each work elements into “stations” or jobs performed by a single person (occasionally multiple people work in concert at a single station or machine)
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