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1) What makes a constraint critical or active? Explain.
2) Jim has used the theory of constraints to maximize the production of his active constraints and match the production rate in the rest of his facility to the bottlenecks. Output of finished goods per week has improved by 15% and WIP across the facility has decreased 40%. But his efficiencies on some individual workstations have dropped by 50% and the boss feels that this is cutting into already slim profit margins. What is going on? What should he do?
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Standardtime determination
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Analyze the strategic role of operations management in terms of organizational and operational objectives.
Due to changes in regulatory requirements, the transactions costs associated with selling corporate securities increased by $1 per share. This change will Answer a. cause the co
You are currently an intern working for the largest law firm in Alabama. Your mentor and senior attorney introduces you to a new client, Dick Jefferson, the owner of House Doctor,
Discuss the concept of best practices
Provide an example of what team performance readiness might look like at various readiness levels
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