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What are the advantages of predetermined time standards (PTS)?
Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be introduced at the start of a new job; particularly suitable for short runs; rating is incorporated.
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1+ X2 = 2 X1, X2 = 0
What is Matrix organisation? Ans: A Matrix organisation is a combination of Project and functional organisation.
1. Investigate: Consider the operations of your own organisation (or another with which you are familiar) and report on how its operational processes are designed. From your readi
1. Determine what other management differences have impacted the relative success of Kodak and Fujifilm. Provide specific examples to support your response. 2. Evaluate each com
Explain how the EOQ technique helps explain the following: All things being equal, the production inventory quantity will be larger than the economic order quantity.
Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. The Poisson d
What changes in the environment provided the opportunity for the Dewmocracy approach?
The following work sampling data was collected from observing a retail assistant: Activity Number of observations Attending to
What is authentic leadership? Why do ethics and trust matter to leadership?
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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