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Examples of Variations - Operations Function
Volume
Low: Small quantities such as designer clothes; cleaning services with high unit costs; highly skilled labour; single one-off projects
High: Mass production of large quantities such as consumer goods, cars, white products and some foods with low unit costs; capital intensive; use of semi skilled labour .
Variety
Low: Standardised products and processes: off the peg clothes; limited range of size of shirts; shoes; McDonalds; low unit costs
High: Flexible, complex allows customisation, high unit costs; can accommodate customers Specification
Customer contact
Low: Department store; supermarket; financial advice; university staff
High: Doctor; dentist; surgeon; financial services; personal tutors
Demand
Low: First class travel; personal physicians; one-off cars; designer clothes
High: Economy class travel; car servicing; car insurance; window cleaning
Your company invests $50,000 today at an annual interest rate of 4.00%. The interest is compounded quarterly. Calculate the first quarter interest, the total annual interest and th
Forecasts for groups of items tend to be less accurate than forecasts for individual items because forecasts for individual items don't include as many influencing factors.
Describe the term "company culture". Give examples
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what do you understand by line balancing what happens if balance does not exist
Final Paper The final six to eight page paper must demonstrate understanding of new learning in the field of project management. It is mandatory to have research from the classroom
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Is there one best time for performance appraisal? Explain
Which of the following is not a criterion used in forming segments? Potential for increased profit Similarity of needs of potential buyers within a segment Competitive pos
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