Answer:
Explanation:
See attached file for answer
Answer:
Business Process Re-engineering is business philosophy that seeks to improve product by eliminating causes of product defects and making quality an all-encompassing organizational watchword.
Hence A is correct
Explanation:
It is an holistic approach to rearranging business and organisation's workflows with a view to identifying sub-optimization and inefficiencies that are deep-rooted in its processes which are cost-consuming but do not add value to business bottom-line(profitability).
Implementing a BPR project is a painstaking effort in that it is a way of telling employees to dump old ways of doing of things which they are probably more comfortable with and embrace change.This is the case as an average human tends to resist change.
Answer:
1. False 2. True
Explanation:
1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.
What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, <u>they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.</u>
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2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.
Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand
<u>Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.</u>
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Answer:
840 breads size oven.
Explanation:
According to Little's law,
Inventory = flow rate × flow time
Inventory (I) is the number of flow units that are currently handled by a business process.
I= unknown
Flow rate (R) is the number of flow units going through the business process per unit time.
R= 4200 breads per hour or 70 breads per minute (4200/60)
Flow time (T) is the amount of time a flow unit spends in a business process from beginning to end.
T= 12 minutes.
Inventory = flow rate × flow time
Inventory = 70 breads per minute × 12 minutes
Inventory = 840 breads size oven
Therefore, for the company to produce 4200 breads per minute, 840 breads size oven is required.
Answer:
True
Explanation:
Statistical process control (SPC) is a method of quality control which employs statistical methods to monitor and control a process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste (rework or scrap).
By implementing statistical process control, the goal of eliminating or greatly reducing costly product recalls is realized. This is done by analyzing manufacturing data as it happens so that problems are stopped as they happen—instead of being caught after deployment.
The aim of Statistical Process Control (SPC) is to establish a controlled manufacturing process by the use of statistical techniques to reduce process variation. A decrease in variation will lead to: better quality; lower costs (waste, scrap, rework, claims, etc.).
