IIBM Institute of Business Management Examination Paper MM.100 Logistics Engineering and Management Section A: Objective Type (30 marks) This section consists of Mixed Type questions & Short Answer type questions. Answer all the questions. Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple Choices: 1. Analysis method in which evaluation of alternative design configuration using multiple criteria is a. Level of repair analysis b. Maintenance
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There are many reasons why lower enlisted soldiers should respect non-commissioned officers in the military. It is important to respect an non-commissioned officer in order to keep the balance in the work place. Even if respect is not deserved or given back to you‚ the military still expects you to give them respect because they are appointed above you. Not showing them respect will result in getting yourself in trouble that will make yourself look bad to your other superiors. Punishments will
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The purpose of this paper is to show that the “regulatory capture” has played a role not easily measurable in causing the global financial crisis. To illustrate this‚ the first step will to describe the “regulatory capture” in its three possible qualifications; then‚ I will explain‚ providing some examples‚ how each of these categories played a possible role in posing the basis for the financial crisis. While illustrating the different forms of capture I will present some questions that leave space
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Respect From the time we are born our parents are constantly teaching us respect. The first form of respect I learned was respect for my elders. Even if you don’t like the person you should still show them respect because they have been on the earth longer and know more than the younger person so there is that respect that should be present. Everywhere you look and go there are people showing respect for complete strangers just by saying hi or asking them if they need help finding something or get
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Respect‚ respect‚ respect‚ that ’s what my father always said to me. Growing up in a typical Chinese family‚ I have learnt the importance of Respect‚ whether it is towards your grandparents‚ friends or your teachers. Although most of them are just simple things‚ it really shows your respect towards others. To show your respect towards others‚ there are often things you must not do. For example‚ if you respect your parents or your grandparents‚ you wouldn ’t just pat their heads‚ dropping their
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THIRD PARTY LOGISTICS Introduction Third party logistics is an important and growing development within the transport industry. It can be viewed from two perspectives viz. operational point and strategic point. From an operational view‚ third-party logistics may include all logistics activities that are outsourced to a logistics service provider. Third party logistics is defined as the use of external companies to perform logistics functions‚ which have traditionally been performed within
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How are teachers important To me‚ teachers are an extremely important facet of any society for a multitude of reasons. They are the people who educate the youth of society who in turn become the leaders of the next generation of people. They are also the ones who are teaching and imparting their knowledge upon children in their most impressionable years. What these children learn from their teachers at a young age will most likely stay with them for the rest of their lives. Thus‚ teachers definitely
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Third Party Logistics – An Overview A third-party logistics firm is a firm that provides outsourced or “third party” logistics services to companies for some portion or all of their supply chain management functions. Typically‚ a core company providing services or products is considered the first party; the customer (or customers) the second party. A third-party‚ then‚ is a firm hired to do that which neither the first or second party desires to do. 3PL typically specializes in integrated warehousing
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How is Tradition Important A tradition is a kind of ritual‚ belief or object passed down within society. It is a mode of thought or behavior followed by a people or a group of people continuously from generation to generation‚ a custom or usage. Nowadays there are less and less traditions followed by people in the world. Modern people mostly forgot beliefs of the past. Contemporary life is hectic and filled with events‚ people are busy all the time and hardly find time for communication
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life no matter what colour‚ race‚ religion or stage of life they are at. The following quote "Nobody has the right to interfere with God’s designs over a human life" in Evangelium Vitae‚ No 44‚ teaches us that nobody has the right to decide when or how a life should end. No-one should intervene in God’s plan for his/her own purposes. In the Book of Genesis we read about the story of the creation. It states: "Man is created in the image and likeness of God". God left human kind in charge‚ to take
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