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Cost Context Induction : Good maintenance management is important for the company cost control. As companies go in for automation to become more competitive they increasingly rely on equipments to produce a greater percentage of their output. It becomes more important that equipments operate reliably within specifications. The cost of idle time is higher as equipment becomes more high tech and expensive e, g, NC/ CNC machines and robots.
Organization Depend Upon their Equipment : Organizations like airlines and oil refineries have huge investments in the equipment. Equipment failure will be disastrous for such companies. They need proper maintenance to keep the equipment and robots.
JIT is a Japanese production management philosophy which has been applied in practice since the early 1970s in many Japanese manufacturing organizations. There are strong
transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers'' agents?
Draw a Context Diagram and a Level 0 Diagram using Visio for the following system : The pharmacy at Mercy Hospital fills medical prescriptions for all hospital patients and di
QUESTION 1 (i) Outline the importance of good body language at work. (ii) Elaborate on its importance while dealing with clients. Answer with examples. QUESTION 2
Trade discount is usually given to the regular clients who are buying the goods in large numbers. It can be like if you buy 100 numbers we will give you 20 numbers free or buy for
dear team i need to make a case analysis of 1500 woeds on the following topic, video is also provided with the instructions from university. please contact me asap.
‘Although the elegance and comprehensiveness of transactions costs reasoning has provided the internalisation approach with a powerful logic (Rugman, 1981, 1985), it is still defic
Question 1: (a) Describe the key characteristics of an ERP. (b) If some companies still maintain stand-alone software is good, then why multinational companies are implement
QUESTION "A stakeholder in an organization is any group or individual who can affect or is affected by, the achievement of the organization's objectives" (Freeman 1948:46) (
what are the two basic reasons why the weighted average cost of capital is an important measurement for management to know?
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