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Question:
(a) Briefly elaborate on the steps for setting up a maintenance strategy.
(b) Failures can be grouped in the following three categories namely Induced, Intermittent and Wear Out. In practice, engineers and specialists argue that it is crucial to understand the nature of such happenings before assigning maintenance tasks. Briefly elaborate on the three categories using examples to support your answer.
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Explain how Material Requirements Planning (MRP) might improve operations. Reduced stock holding MRP can simplify inventory control and levels of stock holding may be de
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1. Output standards are easily convertible into labor costs per unit of output. 2. Output standards facilities scheduling and controlling the flow of production thr
Payback period = total cost of investment / estimated annual revenue
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A highly perishable drug spoils after three days. That is, a fresh unit on day t may be used on day t, day t+1, and day t+2, but must be disposed of at the end of day t+2. Each
1.Middle managers are often at the center of efforts to develop tactical plans to implement established strategies. How are tactical plans typically established? What challenges co
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