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what are the operational and economic benefit of an efficient layout

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Q: What are the Operational and economic benefits of an efficient layout?
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True or false a expansion of the economy always follows a peak or boom?

The simple answer to this questions is False. In economics you learn the ideal of a business cycle, which is the layout for economic cycles. The cycle represents a wave in a visual representation. A peak or boom is the point at which the GDP is maximized; this is then followed by a recession where the GDP is in decline. To follow the recession you have a trough cycle, which is the point where GDP is minimized. To follow the trough you have a recovery cycle where the GDP is in incline to the point of the peak or boom. So to answer the question in an economic business cycle term an expansion follows a trough in the economy and actually leads to a peak or boom.


What are normative issues?

Normative issues are special editions put out by some magazines and periodicals which use very minimalist layout and formatting. This is mainly used as a marketing ploy, since it makes the issue stand out against other magazines it may be displayed with. Although common elsewhere, it is shunned by most non-profit groups, who consider it a gimmick.


Describe in details th different scopes of application of operation research?

Scope of operations researchExamples of applications in which operations research is currently used include:critical path analysis or project planning: identifying those processes in a complex project which affect the overall duration of the projectdesigning the layout of a factory for efficient flow of materialsconstructing a telecommunications network at low cost while still guaranteeing quality of service (QoS) or Quality of Experience (QoE) if particular connections become very busy or get damagedroad traffic management and 'one way' street allocations i.e. allocation problems.determining the routes of school buses (or city buses) so that as few buses are needed as possibledesigning the layout of a computer chip to reduce manufacturing time (therefore reducing cost)managing the flow of raw materials and products in a supply chain based on uncertain demand for the finished productsefficient messaging and customer response tacticsrobotizing or automating human-driven operations processesglobalizing operations processes in order to take advantage of cheaper materials, labor, land or other productivity inputsmanaging freight transportation and delivery systems (Examples: LTL Shipping, intermodal freight transport)scheduling: personnel staffingmanufacturing stepsproject tasksnetwork data traffic: these are known as queueing models or queueing systems.sports events and their television coverageblending of raw materials in oil refineriesdetermining optimal prices, in many retail and B2B settings, within the disciplines of pricing scienceOperations research is also used extensively in government where evidence-based policy is used.


What are the types of resources you need to produce high quality and attractive documents?

Resources you might need to produce high quality and attractive document are? For Production # An high quality photocopier and photocopier user# An high quality printer# High quality software i.e. Microsoft Word# A capable or qualified typist to produce the documentFor Quality # Pictures# Legible Font# Decent Font Size# Simply Layout


How consumer handles the risk?

Consumers handle risk by: - Seeking information e.g. word of mouth or advertisements - Brand loyalty e.g. stay loyal to a chosen brand - Brand image e.g. evaluate brand based on its image (reputation) - Store image e.g. evaluate the layout and look of the store - Most expensive e.g. purchase most expensive product as price is assumed to be an indicator of product quality - Seek assurance e.g. promise or guarantee that the product is of a sufficient standard ---By Rakib

Related questions

What is functional layout?

it's one of operational layout


Why is layout planning important?

Facilities layout planning is crucial because it makes operating of the facility smooth and efficient. It promotes efficiency in handling of the material and other economic factors.


Why is facilities layout planning important?

Facilities layout planning is crucial because it makes operating of the facility smooth and efficient. It promotes efficiency in handling of the material and other economic factors.


What are the 5 benefits of using design layout?

One of the five benefits of using the design layout is that you can freely design the layout of the cells.


What benefits does efficient office layout confer on an organization?

It affects how much satisfaction employees derive from their jobs. It affects the impression individuals get of the organization's work areas. It provides effective allocation and use of the building's floor space.


Who rearranged the keyboard?

A psychologist named Dvorak from the University of Washington developed the Dvorak keyboard layout as a more efficient alternative to the common QWERTY layout.


What is simulation of plant layout?

Plannig the arrangement of plant equipment and people to create the most efficient layout that will produce products of appropriate quality at the l;owest unit costs


Are reviews good or bad when taking into account the layout of Copenhagen airport?

The reviews about the layout of Copenhagen airport are generally good. The walk from the taxi to the terminals is not long, they are efficient and the delays are minimal.


Explain the scope and methodology of operational research with an example?

Operational research uses statistical analysis, mathematical modeling, and mathematical optimization to reach optimal solutions for complex decision making processes. An example would be planning the floor layout of a factory to reduce manufacturing time.


What is the benefits of an organisational house style?

The benefits of an organizational house style is promoting a corporate logo and its identity. The company can decide on the image they wish to present and promote layout consistency.


What are the benefits of living in furnished apartments?

Some of the benefits of renting a furnished apartment are reducing the expense of having to purchase furniture or having to map a layout that will be conducive to the living space.


What are the benefits of having white wallpaper in one's home?

There are a variety of benefits of having white wallpaper in one's home. some of these benefits are active white space. Space is intentionally left blank for a better structure and layout.