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Activity Sampling - Process Design
This is a method of finding the percentage occurrence of a certain activity by statistical sampling and random observation. It is used when there is a need to measure levels of activity, but continuous time study is impractical or uneconomic; it can provide an economical estimate of acceptable accuracy.
Its uses include:
Consider a piece of equipment such as a photocopier. Let us say that, if a continuous time study were to be carried out during an eight-hour shift, the total non-working time is found to be 3.7 hours, or 46.3 per cent (see figure).
Horizontal integration has benefits to the firms involved. Consider the consolidation in the vent-promotion business when Live Nation bought Ticketmaster in 2010. List some specifi
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A manufacturer concerned mainly with production efficiencies and reducing unit costs is known as Production oriented.
Weekly sales of copy paper at Cubicle Suppliers are in the table below. Forecast week 8 with a three-period moving average and with a four-period moving average. Compute MAD for ea
methodolgy of operation reseach
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Suppose you are the manager of an accounts receivable unit in a large company. You are switching to a new system of billing and record-keeping and need to train your three supervis
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