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What is utility of materials requirement planning second to manufacturing operations?
It is evolved by MRP-I. A system which incorporates not only material needs, but all manufacturing resources as like various labour types, machine types and another manufacturing resource needed for the type and number of products involved. This could even produce the budgeted cost for every batch or unit of product involved aiding effective production control, planning and cash-flow management. A helpful capability is to answer "what-when" questions.
What are the three trends that require managers to adopt a global perspective to exploit the potential of a new technology?
Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
Ask question : Why are services typically more difficult to standardize#Minimum 100 words accepted#
HR use of social media it is for a term paper and i am just collecting some data and ideas.
How to implement tools in operations management?
A company is setting up an assembly line to produce 192 units per eight-hour shift. The following table identifies the work elements, items, and immediate predecessors. Questions:
Predetermined Time Standards (PTS) - Process Design This is a work measurement technique whereby times established for basic human motions (classified according to the nature
Conduct a search of websites that provide Internet presentations. Select one and critique its content, visuals, and the presenter's skills. Make sure to include the URL in your Dis
Linear objective function & non linear objective function.
the importance of the measurtement of market risk for financial institution
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