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Vogel Approximation Methods ( VAM): like the least methods the Vogel Approximation Methods( VAM) also consider the shipping costs. but in a relative sense when making allocations.
Total Cost : 4x15+1x35+3x20+8x20+4x+60x= Rs. 555
How is anticipating a material requirement or need through purchasing's involvement on a new-product development team different from reacting to a purchase need?
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
Management believes they can increase the price per chair by 10 percent in this new situation and improve profits by 10 percent. However, the sales department cautions that the pri
Economics issues and operation research solutions
Strategic analysis is an important first step in setting strategic direction
Consider the following parlor game to be played between two players. Each player begins with three chips: one red, one white, and one blue. Each chip can be used only once. To beg
Types of Process Technologies - Batch Production Under this system the manufacturing is done in batches or groups or lots either on the basis of customer order or with a hope
Factory is a bathtub with 50 gallons capacity, drain is outlet to market and can output 3 gallons per hour. Faucet is raw material input and allows materials in at a rate of 4 gall
Information required for Process Planning Quantity of work to be along with product specifications. Availability of equipment tools and personnel (giving dates e
Question : (a) According to Slack et al. (2001), in any organisation the factors that define customer requirements are referred to as competitive factors which are influenced
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