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Explain the financial flexibility workforce.
Financial flexibility can be accomplished by performance associated pay systems for illustration when production staff are paid per unit of product, it will assists achieve better cash-flow for the organisation throughout off peak eras. Financial flexibility intends to convert staff cost through fixed to variable, therefore throughout times while the organisation has ‘off peak’ demand, lower productivity implies lower staff cost.
Historical Development of Operations Management Evidence of formal management of operations can be traced back as far as the Babylonian kingdom of Hammurabi, around 2100 BC bu
Give difference between assembler, compiler and interpreter
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An Electric Company estimates its demand trend line (in millions of kilowatt hours) to be D = 76 + 0.55 Q, where Q refers to the sequential quarter number and Q=1 for winter 2000.
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Procedure of Production Control 1. Control of activities : It involves the release of manufacturing orders, setting plans in motion at assigned times by means of d
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