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Management as a process
Much has been written of management as a process of 'getting things done through people', but the seminal work was that of the French engineer and industrialist, Henri Fayol. His monograph, Administration Industrielle et Generale, was not translated into English until 1930. In it, Fayol identified six elements of the management process:
1. Forecasting,
2. Planning,
3. Organising,
4. Commanding,
5. Coordinating and
6. Controlling.
His successors both added to, and subtracted from this list, but the elements common to all, and of particular relevance to this treatment of operations management are illustrated here.
Discuss the market and manufacturing requirements that make it appropriate to use MRP and Just-in-Time.
If random variable X follows the Normal distribution. X~Normal(10,10). Which among the following statements are correct? Answer a. P(X b. P(X=10)=0 c. P(X>8)=1-P(X
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Small groups of employees that meet to recognize work problems and their solution are known as Quality circles.
monthly production time for tep.
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Describe the eight general strategies in the business buying decision process.
Explain why operational efficiency is so important to Net Income, Return on Capital and Income.
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnson's expected demand for the display cases is 1,000 units, and av
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