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1) What are at least three main benefits of the just-in-time system? Present and explain them.
2) What are at least three main drawbacks/problems of the just-in-time system? Present and explain them
A service garage uses 120 boxes of cleaning cloths per year. Boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on annual basis. Determine annual cost of ordering and carrying cloth.
Read the entrepreneur's dilemma and the questions that follow. Identify the legal issue(s) and apply legal concepts and possible arguments for each question.
What is the optimal solution? You should be able to determine this by inspection. If the linear program has multiple optimal solutions, identify the optimal solution set.
Create a chart by writing "operations management" and "business strategy" beside each other and leaving room between the headings to draw/write.
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.
Suppose that a year has gone by, output is now just 1% above potential, and the inflation rate 1.5% over the year. What Federal funds rate should the Fed now set
Describe a project selection process from either the literature or an organization of your choice. If it's from the literature, please submit the article; if it's an organization.
A small, undocumented change resulted in the collapse of the VA system, largely due to the high interrelationship between its applications. Illustrate what is the positive side of this high degree of interconnection; also explain how do these benef..
Suppose gas station manager needs expected per-gallon gasoline price at least $3.15. Illustrate what should be mean service time at pump.
What does your strategic group map of the energy drink, sports drink, and vitamin-enhanced beverage industry look like? Which strategic groups do you think are in the best positions? The worst positions?
Make sure to examine the threats which you feel are present in the study which you designed. As a researcher, illustrate what can you do to overcome some of these limitations.
Suppose that the agent expects both daytime and evening calls. At what point (ie percentage of call minutes for daytime calls) would she be indifferent between plans A and B?
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