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What is productivity?
Productivity:
Productivity may be described as the ratio between input and output. Output implies the amount produced or the number of items produced when inputs means different resources employed, for example: land and Building, machinery and equipment, materials and labour. This can be increased when more products can be acquired from similar amount of inputs namely available resources. The factors that influence productivity into manufacturing and services are as follows:
a. Product or system Design.
b. Machinery and Equipment.
c. The skill and effectiveness of the worker
d. Production Volume.
Backward Integration A strategy in which an organization builds competitive benefits by controlling the provider of the raw materials needed to make its products.
C y c le Time Optimisation Cycle time optimisation is an operating philosophy of maximising the efficiency of the sub optimal value-added activities while reducing the non-
Industrial Design Industrial Design differs from conventional design engineering in terms of (largely) aesthetic and ergonomic requirements, coupled with a need for effective
Question: (a) John Oakland says: "Day to day issues, often taken for granted, involve quality in some form or other. For example, the safety and conformity with accepted st
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what is a project organization?
DF Company, a relatively new company, is in the business of designing and building farm equipment and machinery. Whilst it has been winning in its first few years of operation, sal
What are the risk management strategies? Risk management strategies: • Retain the risk (Absorption) as like when the risk is small and won’t influence the project a great de
KS, the Finance Manager of TZY Company's Finance Department, is aware that it is approaching the time of year when he requirements to conduct staff appraisals. However, he is consc
Value Engineering
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