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Forecasts for groups of items tend to be less accurate than forecasts for individual items because forecasts for individual items don't include as many influencing factors.
1. If, instead, a constant sample size of 100 is chosen, determine the np-chart control limits. A later sample produces 15 defectives: what conclusion can be drawn? 2. 1000 bot
What is assuming by Theory X? Ans: Theory X assumes that a typical person dislikes work.
Describe the role of purchasing in contributing to the profitability of the enterprise
Year 1 2 3 4 5 6 7 8 9 10 11 Demand 7 9 5 9 13 8 12 13 9 11 7 a) Plot the above data on a graph. Do you observe any trend, cycles, or random variations? b) Starting in yea
When communicating a change, which role is more important: reporter of information or sense maker? Why
You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall which will seat 30 couples and have hired a band. Develop a scope statement for
What is the process mapping? Process mapping: For processes to be enhanced they should first be demonstrated. Flow charts can help the use of process mapping as an exampl
Define job evaluation. Definition: Job evaluation is a systematic process of evaluating various jobs of an organization. Depending on the characteristics and needs of a job, jo
Paul decides to play a joke on his neighbour Gerald by secretly "borrowing" his cow, hiding it in his own barn and milking it while it's there. Paul giggles to himself while Gerald
Who was the founder of Scientific Management? Ans: The founder of Scientific Management is F.W. Taylor.
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