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Montegut Manufacturing produces a product for which the annual demand is 10,000 units. Production averages 100 per day, while demand is 40 per day. Holding costs are $2.00 per unit per year; set-up costs $200.00.
Calculate the production order quantity (POQ)? Using the POQ, calculate the maximum inventory What is the annual Ordering Cost and Holding (Carrying) Cost?
ISO audits result in certifications that are done by first, second, or third parties. Which of the following result in the best certification of a firm
The 3 R’s in product and service design are re-using, rethinking, and recycle. They relate to sustainability by avoiding or reducing the impact on the environment that would accompany new production or, in the case of recycling, a reduction in the wa..
Discuss three issues that can deter high performance when outsourcing a project. Discuss ways that these issues can be reduced or eliminated ahead of time or during the project duration.
Project Manager Daisy Duke works at a Fortune 100 company and acknowledges that there are some “unknowns” in her procurement statement of work and specifications. Which contract type should Daisy Duke not use?
Describe the two types of social influence. Give a personal example of how you have been influenced by each type. Which technique of social influence is most effective when used on you? Explain using an example. Which technique of social influence do..
Please provide one example for each of the functions of managment: Planning, organizing, leading, and controlling. Discuss how these functions complement each other in successfull business operations.
You are considering opening a small doughnut shop in your hometown. Research the process required to make doughnuts. Create a bill of materials to list those ingredients required to produce doughnuts. Describe what would be the capacity of the doughn..
You have been appointed as a project manager for a high dollar project for the private sector and you have been asked by your boss to identify the stakeholder groups and the individuals who make up those groups in order to start the stakeholder analy..
What is the most difficult criteria to meet when requesting a government contract and why is it difficult? Listed are the criteria: adequate financial resources to perform the contract; able to comply with the required performance schedule; satisfact..
How does earned value give a clearer picture of project schedule and cost status than a simple plan versus actual system? How would a project manager use the Cost Performance Index (CPI)?
Describe the difference between a probability sample and a non-probability sample. To ensure a good session, a company selects focus group members from a list of articulate participants instead of conducting random sampling. The client did not inquir..
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of operations within your organization or an organization with which you are familiar. For example, talk with the operations ma..
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