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What is Time Study and what purpose does it serve? What is Value Analysis? What is forecasting? Describe the steps in the forecasting process? Describe

What is "Time Study" and what purpose does it serve? 

What is "Value Analysis"? 

What is forecasting? 

Describe the steps in the forecasting process? 

Describe the various elements in the time series analysis? 

Explain the technique of "yield management". 

Describe the three (3) major aggregate planning strategies?

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1 Time Study Time study is a method used in industrial engineering to determine the amount of time required to perform a specific task or activity It involves observing and recording the time taken by ... blur-text-image

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