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A firm has redesigned its production process - it now takes 10 hours for a unit to be made (flow time or throughput time), whereas earlier it took 15 hours. If the process completes one unit per hour on average (the same now and earlier), and each unit is worth $1,500 (on average, from input to finished good stages), what is the reduction in work-in-process value (in dollars)?
Thomas worked in the nonmilitary operations of a large firm that produced both military and nonmilitary goods. When the company discontinued the production of nonmilitary good
A radar unit has five critical components. If any one component should fail, the radar unit would be rendered ineffective. The component reliabilities are .994, .991, .915, .9
For this discussion, explain why it is important for innovation leaders to understand global trends and global cultures of organizations. How does a leader of innovation use g
Discuss the implications relative to public education and employment. Provide an assessment of how the confederate flag controversy relates to the business sector and specific
Apix is considering coffee packaging as an additional diversification to its product line. Here’s information regarding the coffee packaging project: What financial figure do
The forecast for the next month? (Jan) using the naive method? = 24 sales ?(round your response to a whole? number).The forecast for the next period? (Jan) using a? 3-month mo
Suppose the first EKG test is positive. In order to make sure, a second EKG test is given to the person. What is the probability that this person has heart disease if the se
Think about a product that you have used and found less than optimal. Using a problem-based ideation approach to begin to understand the product flaws and answer the questions
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