BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Line of Business
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Line of Balance
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Loss of Business
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Loss of Balance
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Detailed explanation-1: -Line of Balance (LOB) is a management control process for collecting, measuring, and presenting facts relating to time (see Schedule Control), cost, and accomplishment – all measured against a specific plan.
Detailed explanation-2: -Line of balance (LOB) is a management control process used in construction where the project contains blocks of repetitive work activities, such as roads, pipelines, tunnels, railways and high-rise buildings.
Detailed explanation-3: -Line of business (LOB) is a general term that describes the related product or services a business or manufacturer offers. A company that manufactures solid-state disk drives, for example, might claim its LOB is data storage.
Detailed explanation-4: -The lob is the most effective way to take the net position, which is the main objective during the point. Hitting the ball over your opponents to force them to the back of the court gives you time to move forward and changes a defensive position to an offensive.
Detailed explanation-5: -According to the Formula (1), (2) and (3), line balance efficiency is calculated as follows. =[the total process time/CT*operation number]*100% =[50.4+63+63+61.95+57.75+36.75+42/(63*7)]*100%=85% Balance delay rate is calculated as follows.