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Disadvantages of Product Layout - Heavy capital Expenditure
This layout requires heavy capital investment in machines and equipment and for providing specialized facilities to support the sequentially arranged operation.Even at the initial level sufficient capital has to be raised to launch a new plant. Some kinds or machines, tools etc, are found at different centres and in different stages of the manufacturing line. Thus the whole enterprise becomes a highly capital intensive venture. Such heavy capital investment implies risks of uncertain return.
What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such
Organization design Organization design refers to the overall configuration of positions and interrelationships among positions within the organization. Design therefore mainly
can make two project for me?
Processes and Customer Involvement Many processes are designed keeping in mind that value is provided by involving the customer in the delivery of the final product. The invo
Quality System The basis of our Quality System is the industry standards/ best practices and the guidance of the ISO 9001:2008 requirements. This ensures that both quality and
What are the purposes of budgets in risk management? The purpose of budgets: P Planning R Resource employment or responsibility accounting I Integration and/o
Q. You have been hired by a contractor, who wants you to organize a construction project for one of their clients. The project team has been working for six weeks. You need to eval
What are the examples of conformance management systems? Examples of conformance management systems: a. Staff training b. Specific instructions communicated c. Ordinar
Re-work effort (hours, as a percentage of the creative coding hours) Re-worked LOC (source lines of code, as a fraction of the total delivered LOC) Re-worked software compone
Discuss the "Cost of Quality" and is ramifications / implications in the organization - COQ (Cost of Quality) means the financial number brought into play by project managemen
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