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What do you mean by fixed costs?
Fixed Cost:
Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such costs that tend to remain constant irrespective of the volume of output or sales. Illustrations of fixed costs as given below: staff salaries, administration expenses, rent and establishment charges as well as depreciation.
Quality and Cycle Time in Projects The cycle time is a very important outcome variable because the projects are usually carried out under the strict delivery schedules. The cyc
All the persons working in the organization ( inducing managers and workers ) should be involved in TQM operation if it is to serve its purpose fully. TQM is a strat
A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choose between them. One is a job offer with a salary of Rs15,000 per month (wit
Group Technology or Cellular Manufacturing (CM) Layout In group Technology /Cellular Manufacturing ( C M ) Machines are grouped into cells and the cells function somewhat like
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Line Balancing Methods The various line balancing methods or techniques used are: Heuristic Methods Linear Programming Kilbride and waste Methods
Please note that the exam is an individual effort (NOT a group effort). Please be sure that all the submitted work is your own. You cannot discuss the test with your classmates or
doing research for six sigma
A) Hierarchical planning in Operations/Production management and types of time frames in each hierarchy. (B) Explain who role players are in each level and what they are respons
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