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Explain advantages of matrix organization.
Advantages of matrix organization
(i) Permitting better planning and control to meet deadline if effectively focuses resources on a single project.
(ii) This is more flexible than a traditional functional hierarchy.
(iii) Services of specialists are better used as more emphasis is placed on the authority of knowledge than rank of the particulars in the organizational hierarchy.
If annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order is $50, what is the annual ordering cost?
Refer to problem 1.13. The pay will be $8 per hour for employees. Charles lacket can also improve the yield by purchasing a new blender. The new blender will mean an increase in hi
What is Prime Cost? The sum of Direct Labour Cost, Direct Expenses and Direct Material Cost is Prime Cost.
Recalling your participation in Workshop 1, identify a process at your organisation that has been or could be analysed and/or improved using simulation (via software such as Extend
Answer the following questions: 1. what are the pros and cons of an airline implementing a policy that heavier customers need to buy a second seat? Research an airline and provide
Security - Customer Satisfaction and Service Quality Is the freedom from danger, risk or doubt. It involves: 1. Physical safety (will I get mugged at the automatic teller
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $15, the overhead rate is 1.0 times labo
When a firm is able to move to an assemble- To- Order capability from a make -To- Stock approach, there can be a substantial reduction in the number of things that must be tracked
Hickory Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. Year 1 2 3 4 5 Forecast demand 60 79 81 84 84 Currently
I need an assignment regarding benchmarking in Operations Strategy
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