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Using the Arena Simulation from the class lecture, identify the best combination of system improvements as measured by the increase in average monthly profit per dollar invested. You may not spend more than $4000 on changes. (Learning Outcome #2)
a) List the improvement options you tested and the increase in profit per dollar invested for each option tested.
b) Write a brief explanation of how you determined which improvement option to recommend.
c) Include a printed copy of the output sheet from Arena that shows the average number of good units produced in a month for the baseline (starting system) and for your final system with your recommended set of improvements.
Define an integrated supply chain with examples. Explain how an integrated supply chain strategy will contribute to the organization's efficiency and effectiveness.
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Briefly discuss the type of facility layout that would be most appropriate for each of these:
why has the united states brewing industry become more concentrated over the last two decades?
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Write an outline of your research topic paper. This outline can follow the following format as far as section headings. But you do not have to follow it. You can add more sections. But there must be at least four sections highlighted by * and section..
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GIVE a new trend that the target market is pushing.... What kind of marketing approach is the hotel business using. Please explain in YOUR OWN WORDS.
The line contributes about $500 per hour to the firm's profit and overhead. What is the probability that the new machine project will meet the firm's NPV hurdle?
The owner of Genuine Subs, Inc., hopes to expand the present operation by adding one new outlet. She has studied three locations. Each would have the same labor and materials costs (food, serving containers, napkins, etc.) of $1.76 per sandwich. Dete..
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