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what are some business uses of a linear programming model? Provide an example.
a. What is the average utilization rate of the secretary? b. What is the probability that more than four pages are waiting or being word processed? c. What is the average number of pages waiting to be word processed?
In what ways does technology have an impact on capacity planning?
The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units, and 1 gram of ingredient 2 contributes 1 unit of antibiotic
Explain illustrate what are the changes taking place in your working place after the introduction of Operations Management Tools.
Your supervisor has requested you to lead a productivity improvement initiative, i.e. reduce cost, increase quality, and/or decrease downtime
Should the procurement costs be considered a linear function of the number of orders?
Assuming the retailer's order interval is one week and lead time is same as 2 days. The average on-hand inventory is 5 items at the end of each week. Decide the order quantities using fixed order interval model.
Compare and contrast the roles of key functions of quality professionals, research and development, supply chain, and governance to attain superior results in an organization.
What are at least two legal and political factors that can create misunderstanding and conflict when opening a foreign operation.
What is social media and what are some of the social media tools used by businesses? Do social media sites provide the same function as corporate websites?
Discuss advantages also disadvantages of utilizing intermediaries like wholesalers, agents also brokers to distribute your organizations products or services.
Adopting an ERP (Enterprise Resource Planning) system is a key business as well as a technology decision. Why would a company want to adopt ERP?
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