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Options in designing simulation models include all except
a. Repeating-versus non-repeating random numbers.
b. Most versus all relevant variables.
c. One versus several random number strings.
d. Time-incrementing versus event-incrementing.
In queuing problems, the calling population is either a. Known or unknown. b. Finite or infinite. c. Single or multi-phased. d. Random or scheduled.
Basic Motion Times ( BMT): In this systems the times were derived from laboratory experiments and were carefully checked against a variety of factory operations befo
Rohit joined ABC Ltd., a heavy engineering unit, having a turnover of about Rs. 20 crores, in the junior management cadre as a direct recruit. During his tenure with the company, R
What are the characteristics of protect position, build selectively and invest to build strategies in GE Metrix?
Q. What do you mean by management science theory? Management science theory utilizes several quantitative techniques to maximize resource. Quantitative Management, Operations M
Scientific management: It is a management approach formulated by Frederick. W. Taylor and others (1890 - 1930). It has the idea to develop the best method for performing any ta
List some scientific decision aids that you may prescribe to improve the situation
#history of managment
Johnson has to decide whether to purchase a preference share which redeemable or one which is not. The redeemable share is $1000 per value share which promises 15% dividend annuall
How to influence people to strive willingly for group objectives.
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