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Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping costs given in the tableau. It is therefore not a sound method as it ignores the very factor ( cost) which is sought to be minimized. The least cost method and the Vogel Approximation methods consider the shipping costs while making allocations.
The transportation schedule obtained is reproduced in table below. It involves a total cost of Rs. 555. Total Cost 4x15+1x35+3x20+8x20+4x60x= Rs. 555
Market segmentation stresses _____ and relating needs and benefits to specific marketing actions. grouping people randomly in a market market sectioning grouping people ac
Harvey Jameson was recently terminated as comptroller at the age of 66 from Better Beef, Inc. His replacement is Tammy Parker, age 45. Because both he and his replacement are cover
A risk of disciplining employees is that some employees retaliate. To avoid that risk, what organizational policies might encourage low-performing employees to leave while encourag
Explain the objectives of work study for any management. The objectives of work study for any management are:- a) Enhanced working processes and standard procedures. b) L
Discuss state licensure requirements that an organization must comply with in order to become a Medicare Advantage Plan, any exceptions to the State licensure requirement, and any
Operations Management Activities - Responsibilities of Operations Managers The nature and responsibility of operations managers is changing. Once operations or production mana
Explain Downward communication. Downward communication: It moves downward in an organisation. The formal communication in between a subordinate and superior where the superio
Economics issues and operation research solutions
Petrie's Electronics Case, Chapter 10, Questions 1%u20135 (page 359). 4. What is the role of a pilot project in information systems analysis? Why do you think the Petrie%u2019s
The broad goal of _____ is to identify and define both marketing problems and opportunities and to generate and improve marketing actions. advertising sales promotion publ
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