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1. Can the balanced scorecard framework also incorporate benchmarking and the theory of constraints?
2. What's a constraint?
3. Consider your own goals and the resources and activities you are currently bringing to bear in order to achieve your goal. Now try to focus, not on your sub-goals which in all probability are many and may include having a holiday and getting tickets for the theatre, but on your key goal. With this firmly in your mind, reflect on your constraints - is your constraint resource based, ie time?; market based - increased market share or growing the business?; or is it policy based - only men are promoted to director in this company.
1. Identify and describe the three zones associated with buffers. Explain your answer in detail. 2. JIT is a broad philosophy that pursues three main goals. What are they? Expla
Uniform Plant Loading - Just In Time To use the JIT concept, it is essential that production flows as smoothly as possible. To maintain uniform flow, Japanese companies have s
What is economic value?
explain the evolution of the subject operation management over time
What are the advantages of holding inventory control systems? Advantages of holding inventory control Systems: a. Discounts for bulk buying for example, order higher volumes
How can controlling help a manager to become more efficient?
Explain the factors affecting motivation . Factors influencing motivation: Achievement-Personal satisfaction in problem solving and job completion. Advancement-Promot
Why should one study operations management?
1. Your firm is considering an investment in a wind farm. Assume that the farm will cost $1 million per MW of installed capacity. The plan under consideration would deploy 10 GE 1.
How is production levelling related to 5S and Value Stream Mapping?
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