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1. Is Skinner's idea of operational focus just as relevant today? (Give a considered opinion - with examples.)
Answer: The answer is yes. There are physical limitations in many cases such trade-offs between availability versus speed and cost. Dealing with variety and stocking a wide variety of products and reduced cost. However, there are clear advantages in using the Internet to provide customised service at no additional cost. If supply chains can be managed and the information low fast and accurate there are possibilities of customised products and services with increased costs. This is generally termed mass customisation.
1) Why is succession planning important? How do large businesses do it and how to small business handle it? 2) Discuss the benefits incubators bring to the small business commun
Do you think global businesses would be willing to subscribe to a global code of conduct?
2 enterprises (1 and 2), are in competition with each other by choosing advertising expenditures. The payoff functions of the two enterprises, if enterprise 1 chooses to spend x an
Approaches to Developing an Operations Strategy Approaches to developing an operations strategy specifically in service organisations: 1. The operations function is often
A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-e
Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis
A veterinarian is estimating the degree of association between the exposure/non-exposure of cats to a chemical pollutant and the incidence of a particular respiratory illness among
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be suppl
Eoq Model with example
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