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Ranking of Decision Packages
The ranking procedure is employed to establish a rank priority of decision packages in the organization. Throughout the ranking procedure managers and their staff will examine each of the numerous decision package alternatives. The analysis permits the manager to choose the one alternative which has the greatest potential for attaining the objective(s) of the decision package. Ranking is a manner of computing all decision packages in relation to each other. As, there are any numbers of ways to rank decision packages; managers will no doubt employ different techniques of ranking. The major point is that the ranking of decision packages is a significant procedure of ZBB.
Service time-probability distribution curve A common example is that service times follow an exponential probability distribution i.e. y=e -x Service channels - t
If a company creates sales to a number of customers on credit terms this will have to wait for two or still three months before its debtors pay that they owe. It means that the deb
The board of a company decides that the strategic objectives of the company should be: * to become established as the best in its field * to be the largest in its market Comment on
Seasonal Variations : Commodities along with seasonal demand results in raised level of working capital requirement. It could be offset through scaling down operations throughout t
This variable deals along with the granting of credit. On one great all the customers are granted credit and conversely, none of them are granted credit irrespective of their credi
Explain Sales budget A sales budget is an estimate of expected sale during a budget period. A sales budget is known as a nerve center or backbone of the enterprise. The degree
Exercises 2-1, 2-2, 2-3, 2-4 Problem 2-14 I didn’t write every question down out of the book just questions 2-1, and 2-2. Exercise 2-1 classifying manufacturing cost. Your boat,
what is the topic about? what are the practical implications? what are the practical criticisms?
Disadvantages of Simulation 1) Although all models are simplification of reality, they may still be complex and require a substantial amount of managerial and technical time.
Conditions necessary in a control cycle There are four necessary conditions that must be satisfied before any system can be said to be controlled. Such are as follows: (1) O
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