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What are the cost associated with customer loss?
Determine whether ability or motivation is more important in selecting the right person for the right job. Explain your rationale.
Determine the formula of the Economic Order Quantity. The formula for Economic Order Quantity (EOQ): EOQ = √((2x C O x D)/(C H ) Here D = Annual demand (units)
Lucille Jenkins, the CEO for the Durham International Manufacturing Company (DIMCO), believes that the company can significantly increase its operating profit by implementing suppl
Characteristics of Batch Production Short Runs: Batch production is characterized by short production runs and frequent changes in set ups. Investment : Needs high in
What are the major operational functions in the organisation? Main operational functions in the organisation are as follows: • Marketing and sales for example, identifying w
A newly opened car wash station has a car wash machine. The machine washes each car in a constant rate of 5 minutes per car. It has been estimated that costumers will arrive accord
Q. what are the quality circles? Quality circles is an American conceptual, whereby a group of five to eight employees, usually working in similar area, volunteer to meet onto
The given problem can be expressed as an LPP as follows: Let X i represent the number of units shipped from plant to warehouse with Z representing the total cost we
Factory is a bathtub with 50 gallons capacity, drain is outlet to market and can output 3 gallons per hour. Faucet is raw material input and allows materials in at a rate of 4 gall
Explain Critical Path. This is that sequence of activities that decide the complete project duration. Critical Path is formed by critical activities. This path consumes maximum
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