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1. Productivity is considered by many to be the essence of operations management - suggest reasons to support this assertion.
2. Using the figures in the table, if we use 2000 as the base year, compute the productivity indices for 2001 then compare the rises and falls in productivity. Also express output/direct labour hour as a percentage increase/ decrease.
Explain the first step in the Human Resource Management Process. What is the "De-recruitment", and how might it relate to this first step?
Knight, Inc., has issued a three-year bond that pays a coupon of 5.00 percent. Coupon payments are made semi-annually. Given the market rate of interest of 3.70 percent, what is th
Why is scheduling fairly simple for repetitive systems but fairly complex for job shops?
Fulton Enterprises is trying to determine standard production per day for an incentive program. Suppose that the incentive program will pay $1 per unit produced above standard rate
1. Why would the government not tax us for the Employee Benefits we receive? 2. As a percent of payroll, how much does your employer pay for Employee Benefits? 3. Explain the
One day a teller of a bank was robbed. When the robber ran the teller ran after him. Well over taking the robber, the teller was shot in the leg. The teller was given an award for
Develop a decision tree for the case of a company is operating at full capacity and with product demand rising. The choice is between new equipment and overtime. A 20% rise in sale
prepare CPM/PERT chat and determine the shortest time this project can be completed (using crash time )
Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city. Identify which that you believe to be most important, and d
Explain the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing
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