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The factory needs 1,000,000 light bulbs per day, you have to average no more than $250k in fresh light bulbs in inventory on site.Y our supplier is in China. Your firm "PTP" uses factory gate pricing. It is a 2 day trip from the factory to the port Shensen ( the shipper only ships in groups of 5 containers of production per ship, 3 weeks on route to Seattle and 7 days by rail to your Muncie IN factory. At a value of 50 cents a piece and holding costs of 8% per year. What is the total value of the inventory, What are the average annual holding costs of the pipeline inventory? What do you need to do ( number of containers on site ) to achieve the $250k in in-plant inventory value. Assume the containers hold 1,000,000 light bulbs a piece.
Define and discuss profit-sharing plans and also the advantages. Additionally, critics of profit sharing plans maintain that these plans do not motivate employees to perform at higher levels. Under what conditions are profit sharing plans not likely ..
A small, undocumented change resulted in the collapse of the VA system, largely due to the high interrelationship between its applications. Illustrate what is the positive side of this high degree of interconnection; also explain how do these benef..
How should you as the professor distribute the few women engineering students among the project teams? Are there class actions you could take to provide support for the women students in the class? How do you handle complaints from women students abo..
Exchange rate and currency risks are KSF in location a business? Regional locations do not have key success factors to be considered ? Labor productivity is labor costs divided by units produced ?
The vice president of manufacturing of your company, June Seymour, has asked you to send her an email that lists the key elements of a total quality management approach and outlines the benefits and risks of adopting a TQM approach for the company. C..
A small copy center uses five 500-sheet boxes of copy paper a week. Experience suggests that usage can be well approximated by a normal distribution with a mean of five boxes per week and a standard deviation of one-half box per week. Five weeks are ..
•You are to succinctly define in your own words the phrases "operational efficiency", "operational effectiveness", "operations strategy" and "operational sustainability"•Further, you are to address "Six Sigma," and comment on its applicability and va..
Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $38,000 but the book value is $32,000.
Describe the concepts of organizational stability and organizational innovation. Provide a real-life example of how an organization has maintained stability and promoted innovation.
The job characteristics model has five components that enhance employee jobs-skill variety, task identity, task significance, autonomy, and feedback.
The graphic design shop where you work as the Account Manager is doing well. Just last year, the owner hired three new designers and a receptionist, bringing the total number of employees to 14.
Find one example of a current PR campaign in each of these categories: business and government organizations. How does each compare with campaigns from the 80s and 90s? Write a 1-page paper explaining your answers.
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