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Define the resources over and under capacity.
The resources over and under capacity:
a. Over capacity: it is also called as spare capacity resources for example, staff and machines are not being totally utilised (as idle) and not operating at complete capacity.
b. Under capacity, there customer demand is higher than the maximum capacity or supply the organisation can fulfil for example, full order book, waiting lists and customer queuing.
Define shared storage policies and list example that it is practice in real life?
explain the evolution of operations management, highlighting the key stages of developments taken place in the operations management practices in modern day organizations.
1. When an organisation is stepping up production or availability of a service what are the dominant operations performance objectives? Answer: This is a very difficult questio
Customer Satisfaction and Service Quality - Operation Strategy Although you have seen examples of the dimensions along which companies compete and approaches to operations st
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Using the data in Table 13-1, what is the latest possible time that C may be started without delaying completion of the project? Table 13-1 The following represents a project with
Determine the Layout Decision Consider a layout decision which has been made in your own organisation. How was the layout devised? What were the key issues?
A chemical firm produces sodium bisulfate in 100-pound bags. Demand for this product is 20 tons per day. The capacity for producing the product is 50 tons per day. Setup costs $100
Please exemplify the statement correctly: It is also essential that the sum payable must be certain and definite. If the amount ordered to be paid is uncertain, the instrument cann
determine operational cost
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