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Operations managers will always want to know the monetary cost a training project will be. Stating the intrinsic value is important as part of the return, but how would it make or save money if implemented vs the time and cost in delivery? Please share thoughts on this. Provide an example if possible.
When is it ok to forgo economic profit in order to increase social returns?
Jim's Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or dec
Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the prod
what are the scope of operation research
DO different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: PREDICTED DEMAN
Aman work at the Bank, to help customers, including retired people, to plan for the future. Often the value of pensions does not keep up with inflation. Hence retired people requ
What are the three project team structures?
1) Discuss the meaning of MRP such as planned order release and scheduled order receipts? 2) Many practitioners currently update MRP weekly or biweekly. Would it be more valuabl
Compare and contrast the Haiti SM discussion with the "Saving Lives with Social Media" case. Create a table that compares and contrasts elements from each. Is an emergent strategy
what is the operation management in linear programming
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