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What is kaizen Kaizen is the Japanese term for continuous improvement. The kaizen concept was pioneered by in Japan by Toyota as daily challenge to all its to improve their pro
Material storage Sophisticated mathematical models to control economic buying, and systems control the flow of material may all be for naught if the obvious-efficient storekeep
Hornsby Manufacturing has four categories of overheads. The four categories and the expected overhead costs for each category for next year are as follows: Maintenance $140,000
reasons for favourable or adverse variances i.e. prise usage, mix, yeild
Classification of ratio according to significance The ratios have also been classified according to their significance. Some ratios are more important than other and the fir
Extensions to Linear Programming In many real situations the solutions to linear programming models make sense only if they have integer values. Rounding off the linear programmi
differentiate between multiple product, selling product and margin managent
relevance to business owners, employees and public?
advantage and disadvantage of incremental budget
In the current corporate world, this is a common practice of companies along with surplus cash to lend to another company for a short period generally ranging from 60 days to 180 d
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