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A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production; one would have an annual fixed cost of $169,424 and a variable cost of $5 per unit, and the other would have an annual fixed cost of $198,271 and a variable cost of $4 per unit. Determine the range of annual volume for which each of the alternatives would be best. (Round your answer to the nearest whole number.)
For annual volume less than, ______ purchase from the vendor is best. For larger quantities, best to produce in house at $______ per unit.
Many organizations are turning to technology to improve employee development programs. What are some ways in which training has been influenced by technology? By HR technology? What are the benefits and risks as it relates to employee development?
(Three Step) Consider a worker-paced line with three process steps, each of which is staffed with one worker. The sequence of the three steps does not matter for the completion of the product. What would happen to the inventory in the process if the ..
Describe an incident from your own experience or even from a movie you saw where "High Context" intersected with "Low Context." Otherwise, pick a country off of Exhibit 4-4 from the High context section (ie. Japan, Middle East) and then a country fro..
Briefly describe when qualitative versus quantitative forecasting methods would be used? Describe what linear regression is and how it can be used.
describing the issues your company must consider regarding each of the following environmental areas: economic, social-cultural, technological, and political-legal.
Which of the following researchers has made the greatest contribution to the human relations movement?
Suppose that, in a multi-period inventory model, a (R,Q) replenishment policy is used. The probability that you have no inventory on-hand when your new shipment arrives equals
Varying costs, primarily labor, makes home building vary from one unit to the next. A builder of standard tract homes needs to make an average profit in excess of $8500 per home in order to achieve an annual profit goal. State null and alternative hy..
For this week's discussion, pick an organization you are familiar with and discuss what competitive information do you think that organization should keep in mind when planning to grow and how would you go about setting product strategy for them?
Why is it important to have a growth strategy or system in place. Using a business or company with which you're familiar, describe three risks to growth in that organization, as well as potential strategies for minimizing those risks.
Strategic reading of planned structure can be quite dry. Illustrate the key concepts of executive strategic planning, regarding a firms relationship to its the construction market and extrapolate those understandings to forecast of your start up p..
Boxes Inc. sells sell type EZ cardboard shipping boxes. The firm requires 500 boxes each week, and it meets this demand with a production capacity of 100 boxes per day (Monday thru Friday). Determine the optimum number of production runs. What is the..
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