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Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum cost service rate
1. In the hypothetical manufacturing company (figure) what other actions do you think management might take in addition to their efforts to reduce materials waste, procure material
How is capacity management important in the organisation? Capacity management: Capacity management is a procedure which seeks to make sure that the organisation can contr
What are the steps and the benefits of a social audit?
What are the risks associated with backdoor (maverick) buying and selling? Why is purchasing interested in controlling this business practice?
In terms of developing a project plan, specifically recommend how this resource could expedite that process.
how to calculae idle time if 8hours shift and cycle time 8 the quantity produed is 40
You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall that will seat 40 couples and have hired a jazz combo. Develop a of all the
A key factor that makes Lean Six Sigma different than other performance improvement models is that it free discusses costs and cost recovery with varying stakeholders.
What are the benefits of working for someone else? What are the advantages of being part of a company or agency that is established? Explain. Reference/Cited
What are some practical limits to economies of scale?
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