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Question: (a) (i) What are the assumptions to be respected while deriving the Economic Order Quantity formula. (ii) Describe the several components of inventory holding c
briefly explain vendor relations in lean systems- a. Why are they important? b. how are they different from adversarial relations of the past? c. why are suppliers hesitan
explain the extend to which SCM is applicable to a service operation like Cruise int.
Question: (a) ‘Quality has been identified as one of the performance objectives.' Give three reasons why quality is important for a service provider such as a Tourist resort
First printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents. The lead time for paper
Explain inventory control. Inventory Control - its importance and scope: Inventory control is the scientific way of finding out how much stock be maintained so as to meet the
Imagine you are a new product that sells for $1.25 an is environmentally safe. Would you spend thousands of dollars for Green Seal on your impulse product if ambivalent toward such
Use the internet to research how an interviewee or a current employee might negotiate better pay and/or benefits. Consider using a search term like "negotiating pay and benefits" o
whats the recommendation?
Of all the advantages of franchising, which one would appeal to you as an entrepreneur? Which disadvantages would you dislike the most and why?
Line Balancing- Line: an assembly line composed of various work stations, at which particular operations are performed.- To work efficiently, with no work pile-ups between stations, the line must be balanced, for example work must get through each workstation in roughly similar amount of time.Goals:1. To meet production goals,2. Maximize output.General Approaches to Line Balancing Technique1. Estimating number of operators for a specific number of stations,2. Work element sharing: grouping “activities” each work elements into “stations” or jobs performed by a single person (occasionally multiple people work in concert at a single station or machine)
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