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Question: A metal-working manufacturer is considering to use a special-purpose screw-driver in making automobile tuneup. It is assumed that the screwdriver has an application life of 5 years. The manufacturer usually conducts 800 tune-up per year with an average time of 1.0 hour/tune-up. The direct labor cost is $20/hour. The existing screwdriver for auto tune-ups requires 1 minute per tune up, while this new screwdriver only requires 20 seconds. The proposed screw-driver will cost 150$. If we neglect other costs, please calculate:
1) Total savings of the new screw-driver during the application life
2) Net saving per year with the new screw-driver
Why would investors tend to favor a new business led by a management team over one headed by a lone entrepreneur? Is this preference justified?
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the supply chain management team at cwc is considering whether the current production and distribution network is still
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The process of staffing has many phases which are done in order, starting with sourcing applicants. Conduct academic research on the staffing and selection processes. Select one staffing process to report about in detail for your initial post on the ..
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