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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?
Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. Th
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I'm needing a article out of a book, Modern Principles of Business Law, 1st Edition, 2012. This is my assignment and I dont have book, can someone please help me out, photocopy pag
identify the evolution of the operation management?
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
What is Matrix organisation? Ans: A Matrix organisation is a combination of Project and functional organisation.
Explain product development. Product Development is an activity that involves design or redesign and fabrication of modified or new product and after that testing this to find
Assignable Causes - Causes of Variability Variability in process output may also be the result of external causes which are separately identifiable, and which are not inherent
Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise?
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