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The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 260 per day. The cost to prepare the equipment for producing hot dogs is $66. Annual holding costs are 45 cents per hot dog. The factory operates 299 days a year.
What are the advantages of standardization. What are the disadvantages. How can innovation and variety be encouraged and accomplished, especially in a new technology, while maintaining standardization.
Explain the importance of correctly stating the objective function and constraints in linear optimization problems
Apply the five negotiation skills to an actual negotiaon situation. You have inherited from your parents half of an undivded interest in a summer home with some prime acreage on a nearby lake.
Develop a communications plan for an airport security project. The project entails installing the hardware and software system that (1) scans a passenger's eye (2) fingerprints the passenger and (3) transmits the information to a central location ..
Identify three or four important failure modes for a cellular phone. Conduct an FMEA for a simple service or tangible product with which you are familiar.
What system will you use to ensure that changes are properly posted in all copies of your EOP after it is distributed?
Identification and assessment of sources of competitive advantage
Determine the upper and lower control limits of the R chart. Please give the formulas for calculating UCL and LCL and at least one step of calculation for full credit.
Research on the Internet the published financial statements for one public corporation for the most recent two fiscal years. Identify and calculate the four financial ratios you think are most important for this company.
While negotiating, one can pick decide the negotiation strategy unilaterally or bilaterally. Is one preferred over the other? And, why?
Illustrate what is the proposed project review and approval process at your organization including evaluation and selection criteria and is it effective.
Due to variations in processing times, management has decided to keep 15 percent of the needed inventory as safety stock. How many kanban card sets are needed?
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