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In operations management, as in life, a balanced approach is often the best policy. One of the best examples of the benefits of this in operations management is the "lean approach". Explain at least four basic factors that must be in place in order to achieve a "balanced lean system
What is an industry? (a) Industry is a group of diverse businesses under common owners. (b) Industry is a group of firms whose products have same and similar attributes such
Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs a
How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?
How can value-chain analysis help identify a companys strengths and weaknesses?
• What are the challenges? What are the challenges of being an entrepreneur? What are the challenges of starting and building your own compan What are the benefits... •
What is Grapevine? Ans: Grapevine is an informal communication system.
how to calculae idle time if 8hours shift and cycle time 8 the quantity produed is 40
Industrial Policy The course of action set by the government to influence the development of domestic industrial sectors in particular and the direction of the national organiz
Thoroughly research and analyze two opportunities and two major threats that united airlines is facing
In this case study, you will review a case involving a functional system. The Lynx Company uses a functional system for their sales system. It takes the orders from their salesm
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