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A certain custom engraving shop has traditionally had orders for between 1 and 50 units of whatever a customer orders. Typically, a single worker would work all of the tasks needed for these traditional orders. A large company has contacted this shop about engraving “ league-team-individual reward” plaques ( which are essentially identical to each other - but leagues have different logos, teams different names, etc.). It wants the shop to place a bid for this order. The expected volume is 12,000 units per year and will most likely last four years. To successfully bid ( low enough price) for such an order, what will the shop likely have to do? Describe a manufacturing process from the chapter that might be considered for the new process? Mention the advantages and disadvantages of the process you describe.
According to Leader Substitutes Theory: What is the major situational variable in Hersey and Blanchard's leadership theory? Which of the following was not recommended as a guideline for contingent leadership? According to Kerr and Jermier, hierarchic..
1. What is the profit-maximizing order-up-to level for cash?2. Suppose Jim is interested in ensuring that the company immediately satisfies all employee salary requirements with a 95% probability. What is the corresponding order-up-to level?
the johnson and baker company increased investments in foreign securities by 120000 funded fixed asset acquisitions by
A large hospital's nursery uses disposable diapers for its newborn babies at a rate of 60 cases per day. Ordering costs have been estimated at $50 per order. The hospital's Accounting Department has assigned a holding costs fraction of 0.15 to the nu..
Explain how much of a leading edge do you think that organisations utilizing these tools also techniques in an integrated manner might gain from the point of view of corporate performance.
What is the standard deviation of the demand during lead time? (recall from statistics that standard deviation is equal to the square root of variance and also that there are only rules for variances).
Compare and contrast the Contingency, Path-Goal, and Leader Member Exchange Theories.
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additional requirements to the protection of these plans?
she need $30 each day,it cost her .50 cents each time she use the ATM and she thinks that there is a 15% chance that she will lose her cash or have it solen. under these conditions, how often does Tracy go to the ATM, and how much cash does she ta..
IBM eliminated 14,500 jobs mostly in Europe also those reportedly hired a thousand additional employees in India. Discuss the implications for your current or future caress choices also the kinds of companies or organizations you would desire to wor..
Oil Blending . An oil company produces 3 brands of oil regular multigrade and supreme each brand of oil is composed of one or more of 4 crude stocks each having a different viscocity index the relevent data concering the crude stocks are
Holding costs are $2 per item per year and ordering costs are $30 per order. Illustrate what percentage of time will the facility be producing components.
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