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A technique that uses a series of probability distributions and then transforms them into various risks is called:
Answer
Probability estimating
Monte Carlo simulation
Estimating simulation
Black box analysis
What do you understand by “line balancing”? What happens if balance doesn’t exist?
1. What are the three requirements which must simultaneously be met when designing jobs? Answer: Technical, economic and behavioural feasibility.
Last week employees at Renee's Fashions worked 360 hours to produce 128 garments. Of these, 8 were seconds which were sold at the outlet store for $90 each. The remaining 120 garme
what are yhe types of layouts
Globex
The SDLC contains seven phases, which phase transforms the design into an actual system
Describe some ways in which emerging economies have benefited as a result of foreign direct investment in their countries by multinational enterprises. Multinational enterprise
Explain how the following somewhat match each other: • functional structure with simple structure • divisional structure with departmentalization by product • machine bureaucracy w
The I-10 carpet outlet wants to develop a means to forecast its sales. The store manager believes that the stores sales are directly related to the number of new housing starts in
The Dominos pay their household bills and everyday expenses from their joint chequing account, which has a current balance of $4,200. They both opened Tax Free Savings Accounts and
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