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Q. What are the various managing inventory tools?
Raw material
Materials and elements used to assemble or manufacture finished goods.
Work-in-progress
Incomplete finished goods as like finished goods that require more work before that they can be sold to customers.
Finished goods
Completely or wholly manufactured goods ready for sale.
Consumables
Disposable elements or materials used for the production as like lubricants or cleaning material for disposable, machines equipment or tools.
Obsolete technology can cost an organisation its customers.Explain the role of computers in production and operations management
What do you understand by “line balancing”? What happens if balance doesn’t exist?
1.52. Let S1, S2, . . . , Sk be a collection of finite, nonempty sets. This collection has an SDR if and only if for every t %u2208 {1, . . . , k}, the union of any t of these sets
Discuss potential key changes in the external environment, specifically competition and technology including communications that Sigma will face in the future. Which will have the
Examples of organisations that practice Lean synchronisations
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You are the manager of the Gander Mountain store in Frog town, Illinois. Recently, a customer mentioned that they believed your prices for ammunition were lower than the prices of
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