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Are the following objective functions for an LP model equivalent? That is, if they are both used, one at a time, to solve a problem with exactly the same constraints, will the opti
How can efficiency of purchasing processes be improved?
IT is one of most globally integrated corporate function how is IT different from other business areas when it comes to global integration? why do you think this is the case?
Would you want to manage an IKEA store? Why or why not?
General Model of the Operations Function This figure illustrates the basic concept of the operations function. Firstly inputs are transformed (converted) to outputs with the m
In what ways can tale presence help increase a company's efficiency and effectiveness-for example, efficiency or customer responsiveness? 2. What are the possible drawbacks or dang
A firm that operates 300 days in a year and uses a level material usage approach has collected the following data: Annual Demand = 30,000; Daily Demand = 100; Daily production= 300
Choosing which processes are core to a firm's competitive postition is a key strategic decision. For example, Nike, a popular sports shoe company, focuses on the customer relations
3,000 widgets must be machined on workstation during week. Each widget is identical and requires a machining cycle time (Tc) of 36.5 minutes. All of the machining centres in the sh
1. How much of an impact does "maturity" level of the industry or company have on strategy? 2. Can you be innovative in a mature industry? 3. Can you be conservative in an in
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