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What do you mean by variable costs? Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are as given below: direct
Risk management enhancement There is scope for risk management scenario and the following are some of the methods suggested: Bringing increased awareness of risks: Imp
Risk Breakdown Structure for a Project Risk Breakdown Structure (RBS) is a hierarchical list of risks, which standardises the department's personnel resources that help in pla
SWOT Analysis is constituted with strengths, weaknesses, opportunities and threats. It is the analysis that to identify the internal and external factors relate to the organization
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
T raditional definitions of Quality There are various definitions of quality. According to quality pioneer Joseph M. Juran quality has two meanings that are very important for
What is Risk Retention in Project Risk Management?
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Quantitative Layout Analysis - Load Distance Analysis Method Load distance analysis is useful in comparing alternative layouts to identify the one with the least product or ma
What types of problems solved by Break even Analysis Helps? Break even Analysis helps to solving the given types of problems as given below: 1. What volume of sales will be
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