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Long term Capacity Reduction
Capacity planning does not necessarily mean the expansion of the capacity. It may also mean reduction of the capacity which may be done in the following ways:1. Capacity reduction may happen by way of selling off the existing resources and by laying off the employees. The capacity reduced in this manner is different to gain again.2. Secondly this can be done by temporarily shutting down the facilities. This has to be accompanied by the transfer of employees to some other concern under the same management or some other concerned firm.3. Finally by way of developing and phasing in new products also the facility can be reduced. This decision is accompanied by the decision to phase out the old products.
Complete additional investigation on the JIT and EOQ models. Discuss which of the two inventory models is better and why: Economic Order Quantity or Just-in-Time?
Product A is and end item and is made from 2 units of B and four of C. B is made of 3 units of D and two of E. C is made of two units of F and two of E. A has a lead time of 1 week
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Discuss your opinion of US businesses being interested in doing business with China. What are your main concerns?
How does today's business world compare with the one of 40 ago? What is different about today and what is not so different? Electronincs assembly Inc. operates two 8 hour shifts
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