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What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually?
what do you understand by line balancing?what happens if balance does not exist?
Advantages of Work Measurement: 1. It serves as a basis for methods analysis by comparing the efficiency of alternative work method. Other conditions beings t
Explain about the economics of scope of lean production. Economies of scope: It is possible while resources as like machinery or labour can be shared to manufacture vari
The model below depicts industry analysis and a funnel that focuses on remote factor analysis to better understand the impact of factors in Aubrey environment you find the small sa
Demand for a surgical procedure at St. Elsewhere Hospital has increased steadily over the past few years: Year 1 2 3 4 5 Heart Transplants 45 50 52 56 61 Use the
Project involves 12 activities and the precedence relationship is provided below in brackets. (1) Draw an activity on arrow network to represent the project tasks and their depende
Which would be the required qualifications to consider an employee for a top management position?
Describe your approach to tracking a project. What kinds of issues would you focus on if you were a project manager? Why?
Product Layout - Connected Flow Where the demand for a single product is sufficiently high to warrant truly continuous operation (mass production for discrete items such as, c
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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