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1. How is a standard time determined by time study? Answer: The job is broken into well-defined short elements, which are then repeatedly timed by stopwatch, the worker's rate
Is the 'focused factory' concept described by Skinner applicable in the service sector? Answer: Yes, think of Schmenner's service-process matrix and the lower quadrant entitled
Jack Welch, the former CEO of General Electric of 20 years, respected business leader and writer proposes ten fundamental leadership principles (from his 2001 book 'Jack: Straight
What due diligence should be performed before signing a contract?
What are the major options for appraisal of employees? Discuss each option, identifying the one that you think is best and why you chose that option
You are the System Safety Engineer for a major aerospace firm. You have been assigned to lead the system safety program for a newly developed aircraft. What are some of the key tas
What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why?
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of c
Suppose the length of critical path in a project is 40 days and the standard deviation is 2 days. What due date should be set for the project so that the probability of completing
Principle of Motion Economy: The improvement of any method is generally accomplished using the ideas chosen from the alternatives throw up during the critical examination ph
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