A component can be produced by any of the four processes $${\rm I},$$ $${\rm II},$$ $${\rm III},$$ and $${\rm IV}$$. The fixed cost and the variable cost for each of the processes are listed below. The most economical process for producing a batch of $$100$$ pieces is

Which one of the following is NOT a decision taken during the aggregate production planning stage?

Production flow analysis $$(PFA)$$ is a method of identifying part families that uses data from

The manufacturing area of a plant is divided into four quadrants. Four machines have to located one in each quadrant. The total number of possible layouts is