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Why is quantitative risk so important in risk mitigation? Explain how you have seen this in action in life or in your organization.
Gantt Chart The Gantt chart were made by Henry L. Gantt approximately a century ago. Their aim is to provide an immediate comparison between schedule and realty( i.e. among p
Heterogeneity and Intangibility of Service Products Heterogeneity Service may be variable, difficult to standardise. Intangibility of service products Not ea
Explain objectives of organisational development. Objectives of Organisational Development (i) Enhancement in the performance of the organisation. (ii) Enhancement in t
What are the disadvantages of using multiple sourcing strategies? Disadvantages of using multiple sourcing: a. Not simple to facilitate quality assurance procedures while
Garden Variety Flower Shop uses 740 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs a
The project manager is normally directly accountable for the project result, schedule and budget.
The injection moulding department of a company uses an average of 30 gallons of special lubricant a day. The supply of the lubricant is replenished when the amount on hand is 170 g
Question 1: What are the various decisions Operations Managers are called upon to make in the manufacturing and service Industries for the various operational areas under his r
a time study was made of a punch press operator. the average observed time after discounting non normal occurrence was 0.52 minutes per unit. the operator performance was judged to
Could you please explain to be how the point of prediction is computed in problem 14.48 (question b) from Essentials of Business Statistics. I understand all the numbers in the tab
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