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What are the characteristics of just in time philosophy?
Characteristics of JIT philosophy:
a. Closer relations along with suppliers maintained
b. Smaller and extra frequent deliveries to administrate and plan
c. Higher quality machines along with regular maintenance to ignore delays
Involvement and training of staff to keep flexibility
An engine system consists of three main components in a series, all having the same reliability. Determine the level of reliability required for each of the components if the engin
Could someone please explain how the objective function value would change when the right hand side value changes? For maximization questions: For a positive shadow price, an incre
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
"New Technologies" Please respond to the following: •Analyze the recent applications of electronic data interchange in the health care field and determine which is the most promisi
To construct an electricity generating unit, a company has to install 60 items. One team takes on an average 30 days to install one item. A team works for 300 days/year and managem
Multinational enterprises (MNEs) have an impact far beyond their firm boundaries. Assume you are working for a small firm that supplies a product or service to an MNE. How might yo
2. You have been assigned to make a long-term sourcing decision for a raw material you will purchase. There is only one supplier of this raw material. You estimate that you need 60
the rate of use of a particular raw materials from stores is 20 units per year. the cost of placing and recieving an order is Rs. 40. the cost of each unit is rs. 100 . the cost of
What is the yield to maturity of a 16-year bond that pays a coupon rate of 8% per year, has a $1,000 par value, and is currently priced at $916? Round your answer to the nearest wh
What are Best Practices of college/university communications to students? Concerning this research project, what primary data would you suggest and by what methods should be used t
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