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A supplier of components to an electronic industry makes a sophisticated product which sometimes fails immediately it is used. He controls his manufacturing process so that the proportion of faulty products is supposed to be only 5%. Out of 400 supplies in a batch, 26 prove to be faulty. Verify the manufacturer's claim. Use 0.05 level of significance.
To be effective in hazard control programme it must be planned and should be logical. Programme objectives and safety policies need to be established. Responsibility to th
Comparison of Conventional and JIT Wisdom JIT philosophy Ideal lot size is 1 Balanced production is best Inventory is wasteful Eliminate waste Handle only so
Q. Calculate the Earnings per share? EPS = Profit available to ordinary shareholders (PAT)/Weighted average number of shares in issue (Pence per share) This ratio shows t
Strategic Cost Management It is a management philosophy pioneered by John Shank, in that decisions concerning specific cost drivers are made within the context of a company bu
Investigation of potential solutions The investigation of potential software solutions must involve what is common practice in the industry. Consider the following questions:
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Question: a) (i) How many components are there in an ideal mission statement of a business organisation? (ii) Name these components? b) Using the above named component
Corporate Strategy
The company is now aggressively working towards being the largest retail chain in the country and also being first in profitability. At the same time the company is exploring maki
Ask question #Minimum 100 words accepted What is the value of studying the humanities in a business or technical curriculum? How might a topic such as ancient art enhance contempor
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