It can be difficult estimating all of the cost components that are attributed to a machined part. This problem is more pronounced when a factory uses group technology manufacturing cells as opposed to a functional or process layout of a job shop. This paper describes how activity-based costing...

Teaching probability can be challenging because the mathematical formulas often are too abstract and complex for the students to fully grasp the underlying meaning and effect of the concepts. Games can provide a way to address this issue. For example, the game of roulette can be an exciting...

The authors’ experiences with a new teaching approach in an introductory statistics course involving some 1200 first year students in South Africa form the context for the development of the ideas in this paper. The paper focuses on the teaching of statistics within a spreadsheet environment...

Spreadsheet software is now widely used as a decision‐making tool, owing to the simplicity and ease with which generalists can analyse and obtain fast and precise information. Through spreadsheet programs, a on‐specialist can conduct an exhaustive “what if” search in order to make...

The application of just‐in‐time manufacturing techniques in batch chemical processing environments, under conditions of variable demand, imposes significant capacity management problems. Making decisions which involve levels of customer service and resource untilization can be aided by the...