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Q. Illustrate what is capacity balance also explain why is it difficult to achieve in practice? Discuss the methods that might be available to a business to address capacity imbalance if this begins to impact adversely on the business's competitiveness. To illustrate your answer use one suitable example (name of the organization also product or service must be stated).
Find out the one-step-ahead forecasts for February through May using Exponential smoothing with a smoothing constant of α = 0.15. Repeat the calculation.
Elucidate what is the theoretical minimum for the smallest number of workstations which Helms can achieve in this assembly line.
Illustrate what steps/actions would an organization take to decide whether the transportation activity has the appropriate internal competencies to achieve competitive advantage.
Ten samples of a process measuring number of returns per 100 receipts were taken for a local retail store. Find out his standard deviation of sampling distribution.
A service garage uses 120 boxes of cleaning cloths per year. Boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on annual basis. Determine annual cost of ordering and carrying cloth.
Mathematical Programming and Optimisation: Build and describe a prototype model Use your model to recommend a schedule of burning and, if required buying fuels
subsequent tabulations are actual sales of units for 6 months and a starting forecast in January. Compute forecasts for remaining 5months using simple exponential smoothing with.
Develop an inventory management model for HP in Europe. Assume that the Vancouver plant is still producing the 6 models already in Europe. Explain your rationale for such model.
Elucidate how can Janet plan for also avoid these risks. Does likelihood of these risks affect Janet's actions. Elucidate how.
The Corporation's market research department advises the Corporation to use at most 90% of the advertising budget on television ads. Describe how should the advertising budget be allocated to maximize the total audience.
llustrate what is the very first thing these business owners MUST learn so as to prevent the outcome suggested above. Elucidate how might they best obtain this information/knowledge.
The management has set a standard which every employee should be able to answer at least 400 e-mails during every shift. Computes the tact time based on the information given.
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