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Market segmentation stresses _____ and relating needs and benefits to specific marketing actions.
grouping people randomly in a market
market sectioning
grouping people according to similar needs
splitting people randomly between markets
product-based market development
Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
1. The company's shipments of newly-produced branded and private-label footwear from its plants to its regional distribution centers are subject to a. any applicable import tari
Explain characteristics of organisational development. Characteristics of Organisational Development (i) Organisational progress is an educational strategy for bringing a
Advantages of ERP 1.Inventory Reduction: Through this process it is possible to procure a component as it is needed thereby avoiding cost of carrying it and excessive safety st
Operation Planning and Scheduling System Operation planning g and scheduling system concern the volume and timing of the outputs utilizations of the operations capacity and the
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Determine how you might deploy resources
What are the relationships between perceptions, attitudes, behaviours, and job performance
Force-field analysis - Improving Productivity Force-field analysis is based on the concept that any given level of productivity is the result of an equilibrium between drivi
1. An element of work has been measured 6 times, with the following results (units of 0.01 minutes): 18, 20, 19, 21, 19, 22. What should be the full-study sample size? Answer:
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