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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
The U.S. State Department has some responsibility towards Importers and Exporters. What are these responsibilities?
1) If an operation uses a pull system and lean manufacturing techniques do they need to use forecasts? How about production schedules and shop floor control systems? Explain why/wh
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1. What you think might be the order winning and order qualifying criteria for: McDonald's, Southwest Airlines and a university? Answer:
write a list of elements that should be included in an operations strategy for global tel
How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?
A work sampling study is to be made of a typist pool. It is left that typists are idle 30 % of the time. How many observations should be made in order to have 395.5%
Are the following global industries or multi domestic industries: bulk chemicals, pharmaceuticals, branded food products, moviemaking, television manufacture, personal computers an
An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure r
Streaming Video: The Job Market for Graduates DQ Video Document Discussion Topic What is your opinion of the interviewing tips given in the video? Which tips of your own would you
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