GIRNE AMERICAN UNIVERSITY
Instructor: Ismail Sila, Ph.D.
Course Description and Objectives
Entering the third millennium, we are experiencing one of the most important c
Multiple Choice Questions
1. Managerial economics deals with the problem of
a. An individual firm.
b. An industry.
c. An economy.
d. Global economy.
2. Managerial Economics as a specialized branch of Economics
a. Provide ready-m
Training and Developing
Chapter 7 Outline
The training process
Motivate the learner
Traditional training methods
Training for special purposes
Providing lifelong learning
Following Paper ID and Roll No. to be filled in your Answer Book)
(SEM. I) ODD SEMESTER
The question paper contains three parts.
All questions are compulsory .
(Important Questions and suggested model answers)
1. Define Managerial Economics.
Managerial economics is a specialized discipline of management studies
which deals with application of economic theory and techniques to business
Role of Human
Human Resources Management
From now on, Im a
free individual, I
dont care about
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Chapter 10 examples
3. a. n = 20
A2 = 0.18
D3 = 0.41
D4 = 1.59
= = 3.10 Mean Chart: = A2 = 3.1 0.18(0.45)
= 3.1 .081
Hence, UCL is 3.181
and LCL is 3.019. All means are within these limits.
Range Chart: UCL is D4= 1.59(0.45) = .7155
LCL is D3= 0.41
LOCATION PLANNING AND ANALYSIS
OT = 450 minutes
a. Minimum cycle time = length of longest task, which is 2.4 minutes.
Maximum cycle time = task times = 18 minutes.
b. Range of output:
@18 min . :
@ 2.4 min . :
Dx t 187.5(18)
Chapter 6 problems
Desired output = 33.33 units per hour
Operating time = 60 minutes per hour
Operating time 60 minutes per hour
1.80 minutes per unit
Desired output 33 .33 units per h
p. 121, Problems 2, 5, 8, 11, 27
From Table 31 with n = 7, t = 28, t2 = 140
n tY t Y 7(542) 28(132)
n t 2 ( t ) 2
7(140) 28( 28)