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Cycle time is defined as the maximum time that the product is allowed at each workstation. It is determined by the formula: Cycle time = production time available per day/units required per day. Takt time is defined as the pace of production to meet customer demand. It is defined by the formula: Takt time = total work time available/units required. Explain the similarities and differences between the two time calculations. (It is more than to simply restate the formulas)
in the course of your day-to-day work you need to write dozens of business letters to your colleagues clients
A manager must make a decision on shipping. The shipper the manager's company is contracted to use offers 2 day and 7 day delivery. The cost is 500 dollars for 2 day delivery and 300 dollars for 7 day delivery.
Respiratory protection devices are available in two basic design types: Air-Purifying Respirators (APR) and Supplied-Air Respirators (SAR). As a trained hazardous materials specialist, your employer asks you to evaluate each of the following four ..
llustrate what is process cycle time of overall system. If firm operates 8 hours per day, 20 days per month, illustrate what is monthly capacity of manufacturing process.
Assume the demand for the movie will stay the same for a sufficiently long time. It costs $50 to purchase a copy of this movie. Suppose this video store plans to buy a new copy and then there will be total 10 copies of this movie. What will be the..
Howard Weiss, Inc., is considering building a sensitive new airport scanning device.His managers believe that there is a probability of 0.35 that the ATR Co. will come out with a competitive product.
Describe an industry analysis and its purpose. Give two examples of the types of questions an industry analysis might answer. In your discussion also include an analysis of the chosen two areas and how they affect the strategic planning process
select organization prepare a minimum of one ratio per category profitability liquidity leverage and activity. in
Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible actions.
Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order.
Identification of the changes which need to be made also a reason for the change. Identification also description of human implications, potential resistance factors also the drivers of the change.
onsider the following bill of material. Fifty units of Product A are required. Assuming no on-hand inventory, explode the bill of material. If 17 Ps are required also no on-hand inventory exists for any items, elucidate how many Cs will be require..
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