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supply, rents, wages and utility bills. Implicit costs are not easy to quantify or measure. It is the cost to forego the next best alternative for the use of resource that is the opportunity cost. This is often overlooked when the decisions...
paradigm, the marketing department forecasted demand and these forecasts drove complex MRP systems to order the required parts and materials far enough ahead of time so that they would, hopefully, all arrive at the factory before the produ...
cleaner production offers a more holistic approach to waste management, and focuses on the sources and causes of waste, rather than on solutions for processing and recycling. Looking at the picture, firms receive a greater appreciation of t...
productions and operations processes. The main advantage of these work teams is not only that they help in pursuing the level of required quality, but also, these work teams help in bringing innovation also. To come up with excellent qualit...
was served by mankind in ancient times. Storage of the stocks of food for longer period of time became necessary because for the armies of expeditions. The first method used for the storage of food was drying. Meat or fish dried in the sun...
beverage cans manufacturing process have been analyzed by many authors. These parameters are used to determine the quality of the raw material before it is used to manufacture the cans. It is shown that the strain-hardening exponent togethe...
Determination of Mercury Content in Canned Tuna using ICP-MS Introduction Solid metals are assumed to be the most significant form of toxic waste of the marine environment due to the accumulation and toxicity by fishes in sea. Among all, me...