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Explain about the economics of scope of lean production.
Economies of scope:
It is possible while resources as like machinery or labour can be shared to manufacture various products for instants a condition where small type inputs can create a greater variety of outputs or products, by using multi skilled staff and multipurpose machinery. A larger business value and lower cost can be attained by jointly producing various products using similar common inputs for example, flexibility to diversify production without important investment needed, since scope exists to substitute resources through one process to another.
what do you understand by “line balancing “? What happens if balance doesn’t exist?
Your in charge of a project at the local community center. The center needs to remodel one of the room in time for the start of a new program. Delays in the project mean that the c
Factors Affecting Scheduling - External Factors The following factors govern the scheduling and are to be considered before establishing scheduling plan: External Factors:
TWO HANDED CHART WITH 10 OPERATIONS
What might be the most effective way to secure cooperation from one's Union in tailoring Total Compensation to help the company achieve a sustainable competitive business advantage
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How common do you think it is for people to try to justify their conduct by the argument that "Everybody's doing it"?
Linear Programming Concept paper. Submit a Linear Programming Concept Paper about the following: • The two types of linear programming discussed. • Five examples of LP applic
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50000. He figures it will cost an additional $100 per cord to purchase and split wood w
1. What kind of warning signals would you like fed back from PAC to MRP? 2. Lead times are sometimes called rubbery. What accounts for this concept of elasticity in lead times?
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