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Describe a company of your choice from the customer-contact matrix perspective. Discuss the operations of the organization from your perspective using the three elements of the cus
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
1. Elton is a limited partner in Destiny Tours, a limited partnership. Collection Credit Company, a Destiny creditor, claims that Eton is subject to personal liability for Destiny'
A company is considering a gear assembly that it now purchases from company B. Company B charge $4 per unit with a minimum order of 3000units. Company A estimates that it will cost
Which of the following statements regarding service companies and activity-based costing (ABC) is true?
Describe line and staff organisation. Line and Staff Organisation: As the industry grow in size and complexity, the line executives could not perform appropriately all other
Identify negotiation tactics of the sequence of events that transpired just before the United States began operation freedom in Iraq. Describe the strategy or strategies used by an
Process Analysis Process Analysis means the study of the overall process in factory (plant). It analyses every step of the manufacturing process and aims at improving the indu
Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bonds required return is 10%, what is its current yield? (Semi-annually compounding)
Assembly Line BalancingLine Balancing and Work Cell Balancing is an efficient tool to increase the output of the Assembly line and Work Cell line to reduce manpower and cost. Assembly Line balancing is nothing though the Simple Line Balancing is the calculation of assigning works to workstation alongside an Assembly Line and that operation will be optima in sense. Henry Ford who was first introduced the Assembly Line Balancing and in early times it was simple line balancing (LB) that has optimized the industrial significance, the effective difference between the optimal and sub-optimal operation can afford savings that will be million dollars every year.Singe-Model Assembly Line: in early times assembly lines were utilized in high level production of a single product. But now the products will draw customers with no any difference and allows the profitable use of Assembly Lines. An advanced technology of production which enables the automated setup of operations and it is negotiated time and money. One time the product is assembled in the same line and it won’t variant the setup or significant setup and it’s time that is utilized, this assembly system is called as Single Model Line.LB: it is a Classical Operation Research (OR) which optimizes the problem, and it has been handled by OR for many decades. Several algorithms have been proposed to this problem and it contempt the usual importance of the issue and the OR utilizes to handle this. It’s commercial software which is available to optimize the industry and their lines.Assembly Line Balancing is dependent upon 3 models and it is explained that these 3 types of models is related to Assembly Line Balancing and they are Single-Model Assembly lines, mixed models, and multi-model Assembly lines.Multi-Model Assembly Line: in this type of model the uniformity of the assembled products and the production system is not that very much sufficient to accept the enabling of the product and the production levels. To decrease the time and money this assembly is arranged in batches, and this permits the short term lot-sizing issues which made in groups of the models to batches and the result will be on the assembly levels.Mixed Model Assembly Line: in this model the setup time among the models would be decreased sufficiently and enough to be ignored. Thus this internal mixed model determines the assembled on the same line. And the type of assembly line wherein workers work in different models of a product in similar assembly line is called Mixed Assembly Line.
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