explain the concept the fixed-position layout
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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explain the concept the fixed-position layout
Expert Solution
Step 1
Introduction about Layout
- The actual arrangement of resources such as equipment and storage facilities is referred to as layout design.
- The architecture is intended to make it easier for customers or commodities to move efficiently through the production or service system.
- Layout design is essential because it may have a major impact on an operation's cost and efficiency, as well as require a large time and financial commitment.
- Due to the considerable investment required on goods like equipment, it can be difficult to change a new layout or modify an existing layout once it has been implemented in numerous operations.
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