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Define Critical Path. Critical Path: Computation of Earliest and Latest Values of the events of the specified network is as follows:- Event EOT
Net profit margin: 1. Transportation firm now spends 60 percent of the sales revenue it receives in the supply chain, and has a net profit margin of 6 percent. The compan
Fraction Defective P Chart - Control Charts for Attributes This type of chart is used when it is impractical or inconvenient to maintain a constant sample size. Instead of pl
The Jackson Company has invested in a machine that cost $70000, that has a useful life of seven years, and that has no salvage value at the end of its useful life. The machine is b
1. A manufacturing company has a small production line dedicated to the production of a particular product. The line has four stations in serial. Inputs arrive at station 1 and the
Brainstorming - Improving Productivity Brainstorming is a well-known ideas-generating technique aimed at producing new ideas before evaluation, which tends to shut down many
application of operations research in managerial decision making
You are a newly appointed VP of a large oil drilling firm. One of your tasks is to develop a crisis management program for the company. Outline the basic steps in such a program
Credibility - Customer Satisfaction and Service Quality Involves trustworthiness, believability and honesty. It involves having the customer's best interests at heart. Contrib
List and explain some of the important factors to be considered when selecting a new location for a hospital to be built from some potential site
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