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A. Profitability and productivity are two sides of the same coin. Discuss the relationship between them and...

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General Management

A. Profitability andproductivity are two sides of the samecoin. Discuss the relationship between them and explain how the useof materials can affect either of them.   

B. Waste in both service and manufacturing organizations havecommon characteristics. Explain any threesuch characteristics as it relates to a company manufacturingpencils.                                                                                                    

C. Capacity planning is required to match demand to supply atminimum total cost. Why is it necessary to do so? Whatthree strategies can be adopted to matchdemand to supply?      

Answer & Explanation Solved by verified expert
3.7 Ratings (341 Votes)
AProductivity the relationship between input and outputProfitability Money left after all expenses are paid Thisafter manufacturing of    See Answer
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