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A firm that has recently experienced enormous growth is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the three locations given the following information: Annual costs for building, equipment, and administration would be $ 40,000 for Memphis, $ 60,000 for Biloxi, and $ 100,000 for Birmingham. Labor and materials are expected to be $ 8 per unit in Memphis, $ 4 per unit in Biloxi, and $ 5 per unit in Birmingham. The Memphis location would increase system transportation costs by $ 50,000 per year, the Biloxi location by $ 60,000 per year, and the Birmingham location by $ 25,000 per year. Expected annual volume is 10,000 units.
Use EPQ to calculate the the order quantity? What is the total annual inventory cost of the EPQ plan?
Periodic preventive maintenance is carried out on aircraft engines, where an important component must be replaced. The number of aircraft scheduled for such maintenance over the next 6 months is estimated
Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what method you prefer and why.
Distinguish between individual barriers and organizational barriers to communication. Explain two examples of each beside those referenced in the textbook.
Review the Four Intrinsic Rewards underlying intrinsic motivation, how managers can cultivate motivation in others, and the causes and consequences of job satisfaction.
Using managerial prolem solving discuss the pitfalls of satisficing and escalation of commitment.
The common currency of most of the countries of the European Union is called
Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) How does each metric support the overall financial performance of the organization?
A company that uses tight cost controls is likely to use a low- cost leadership strategy. Differentiation strategies can reduce the bargaining power of large buyers. When using a focus strategy, a company tries to create a product that will appeal to..
Why does each generic business model require a difficult set of business-level strategies? How do changes in the environment affect the success of a company's business model?
Why do think organizations are increasingly using virtual and global teams? Would you like to be a member or leader of a virtual global team? Why or why not?
Decide the estimated loss if the quality characteristics under study take on a value of 6.20 inches and 10 parts are produced.
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