1. Performance Standards F.W. Taylor found out that there were no scientific performance standards. Taylor introduced Time and Motion Studies to fix performance standards. He fixed performance standards for time‚ cost‚ and quality of work‚ which lead to uniformity of work. 2. Differential Piece Rate System Under differential piece rate system‚ a standard output was first fixed. Then two wage rates were fixed as follows :- Low wage rate was fixed for those workers who did not produce the standard
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Module -1 Entrepreneurships (Two Mark Questions) 1. Define Entrepreneurship ? It is defined as the activity of an individual or a associated individuals‚ undertaken to initiate‚ maintain or aggrandize profit by production or distribution of economic goods and services. 2. List the different types of Entrepreneurs? The different types of Entrepreneurs are 1. 3. Innovating Entrepreneur Fabian Entrepreneur 2. 4. Imitative Entrepreneur Drone Entrepreneur 3. What are
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COURSE OUTLINE Course Name Operations Research Prepared On March-2009 Course Code QTM-360 Credit Hours Three Course Prereq. Name Basic Statistcs‚ Statistical Inference‚ Maths-I & II Course Prereq. Code QTM-160‚ QTM-220‚ QTM110‚ QTM-120 Revised On July - 2014 Course Type Core Course Program BBA Semester Fall – 2014 Course Description The main aims and objectives of this course is to provide growing and applications of mathematical models in real world
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12 What Are the Different Types of Contracts? 13 Explain the flowing in Brief? a) Piece Rate Work (PRW). b) Item Rates Contract. c) Lump sum Contract. d) Cost plus Contract. e) Turnkey Contract. f) Network Analysis or Flow Chart (CPM/CPA/PERT). g) Quality Assurance and wastage Control. h) Completion of Erection or Installation and Preliminary Acceptance. 14 Explain the Manpower Requirement procedure. With the help of the following points? a) Recruitment. b) Policy. c) Interview
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TIM 105: MOT I: Homework 5: Quality Function Deployment (QFD) / House of Quality (HOQ)‚ FAST ------------------------------------------------------------------------------------------------------------ Reading: U&E‚ PD&D‚ 4th Edition‚ Chapters 4 (Identifying Customer Needs); Chapter 5 (Product Specifications); Chapter 6 (Concept Generation)‚ Chapter 16 (Managing Projects) ------------------------------------------------------------------------------------------------------------ Homework Problems
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Content Page 1. Executive Summary Page 2 2 Background of our company Page 3 3. Scope of the Project Page 4 4. Objective of the project Page 5 5. Project management‚ planning and cycle Page 6 5.1.1. Business Aspect – Study Period Page 7 5.1.2. Business Aspect – Implementation Period Page 8 5.1.3. Business Aspect – Operation Period Page 9 5.2.1. Budget Aspect – Study Period Page 9 5.2.2. Budget Aspect – Implementation Period
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What are the properties of a game? Explain the “best strategy” on the basis of minmax criterion of optimality. [5 Marks] b. State the assumptions underlying game theory. Discuss its importance to business decisions. [5 Marks] 4. a. Compare CPM and PERT explaining similarities and mentioning
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other. What uses do businesses have for these tools? Give specific examples. Textbook Page Reference:240-241 7. Also‚ what is the significance of the critical path? Why is it useful to know the critical path? What is the critical path of the PERT/CPM diagram below? [pic] Reference: Page 429; Class 8 Slides – Project Management; 8. Using the Data below‚ calculate a 3 month moving average forecast. |PERIOD |MONTH |DEMAND |FoForecast?
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Note: ALL assignments are required to have a TITLE page which must include the course number and section‚ team member names‚ assignment number and due date. Any written component must be prepared using a word processor. Diagrams‚ charts‚ and graphs should be constructed using computer software. A portion of the marks for computer constructed diagrams is awarded for professionalism of display. Written answers are to be expressed in complete thoughts. Check spelling and grammar. Answers to assignment
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MSE 606A-OL: Engineering Operations Management Instructor: Ahmad R. Sarfaraz‚ Ph.D. Department: Manufacturing Systems Engineering and Management Faculty Office: EA 3305; (818) 677-6229 Email: sarfaraz@csun.edu Course Text: Bernard Taylor‚ Management Science‚ 8th Edition‚ Prentice Hall‚ 2004. Hamdy Taha‚ Operations Research‚ 9th Edition Both books will be in reserved room. Course Purpose: This course is designed to ensure that students gain: An ability to use
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