Service Capacity * Service Capacity is defined as the maximum level of value-added activity‚ which can be consistently achieved over a period of time under normal operating conditions. * The important consideration is that the service provider should be able to sustain provision of service at such a rate comfortably under normal working conditions. * It can be expressed as : 1. Max. number of patient attended by a Doctor / hr. 2. Max. number of calls attended by a Executive
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Chapter 21: Measuring GDP and Economic Growth Problem: 1 a. Aggregate expenditure: Aggregate expenditure is the sum of consumption expenditure‚ investment‚ government expenditure‚ and net exports i.e. AE = C + I + G + (X – M) In the figure‚ B is consumption expenditure‚ D is investment‚ C is government expenditure‚ and E is net exports. Therefore Aggregate Expenditure = $7‚064 billion + $1‚624 billion + $1‚840 billion + (−$330 billion) which is $10‚198 billion. b. Aggregate income:
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Chapter 12: Capacity Planning Question #1: Why are facilities decisions often made by top management? What is the role in these decisions of operations‚ marketing‚ finance‚ accounting‚ engineering‚ and human resources? “Facilities decisions often made up by the top management and the chief executive‚ and the board of directors because these decisions are strategic in nature‚ they require the input of all functional areas in the firm.” It is longest-term planning decision that contains all the important
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contribution 0.0845 0.5634 0.3521 1.0000 0.0567 0.225 0.211 0.4927 Break-even ($) = ! [ !! !" !" !" ] = = $"#$‚!!! !.!"#$ $649‚482.44 (b) A firm is about to undertake the manufacture of a product‚ and is weighing three capacity alternatives: small job shop‚ large job shop‚ and repetitive manufacturing. The small job shop has fixed costs of $3‚000 per month‚ and variable costs of $10 per unit. The larger job shop has fixed costs of $12‚000 per month and variable costs of
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Measuring inequality: Using the Lorenz Curve and Gini Coefficient 1. Introduction Almost thirty years ago‚ the author of this brief attended a lecture addressing the economics of inequality. At the start‚ the class was invited to imagine the implications of individual wealth being reflected in our personal height. Assume that by government decree‚ everyone has to march past a fixed point over the period of one hour‚ starting with the smallest people and ending with the largest. The parade
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Capacity Planning Based on time horizon or duration it is viewed in three (i) Long-range Capacity Planning Time horizon is of more than one or two years. It is carried for productive resources which a long time. Long-range capacity planning requires participation and approval of top management personnel. (ii) Intermediate-range Capacity Planning It has a time horizon for 6 to 18 months. It may be varied by such alternative such as hiring off or laying off labour‚ purchasing or making new tools
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INTRODUCTION: Capacity building and Community Development models to formulate programs and projects that is not only sustainable but can also benefit the community in the long term with self-reliance and make a positive difference in community. There are different social and political ideologies and perspectives of community development‚ these ideologies and perspectives make different assumptions of how society functions and the need and level of interventions in the society (Ife‚ 1995‚ p 119)
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corporate intranet to help departments communicate effectively. The schedule for different departments to ‘go live’ on the intranet is set‚ and we have to purchase the appropriate servers‚ minimizing cost and making sure that the intranet has enough capacity to handle the employees that start using the intranet each month. I picked this case because it resembles the types of problems that I faced during my summer internship at The CocaCola Company. One of my responsibilities was to assist in the cost
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CAPACITY PLANNING Capacity planning: Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products.[1] In the context of capacity planning‚ "design capacity" is the maximum amount of work that an organization is capable of completing in a given period‚ "effective capacity" is the maximum amount of work that an organization is capable of completing in a given period due to constraints such as quality problems‚ delays‚
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The Speed of Toy Cars & Measuring Acceleration Introduction: The Speed of Toy Cars & Measuring Acceleration was investigated by using a ticker timer and changing the angle of the ramp. Changing the angle of the ramp affects the speed and acceleration of the trolley. The speed and acceleration of the trolley was determined by using the ticker timer. Aim: The aim of the practical is to investigate the motion and acceleration of a trolley by using a ticker timer and rolling the trolley down a ramp
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