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The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is 87% how many machines are required to meet the forecast of 17,247 lens sets for 2007? (They currently work 7.2 hour/shift, 6 shifts per week, 50 weeks per year)
S = 18E= 80%R= 87%Forecast of 17,247F = S Q / E H R
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The costs of quality are given by the following equations, Determine the total cost of quality when there are no defectives. D= 0 and product quality is perfect.
Global firms with cutting-edge technology that Petro cannot afford have been attracted by the new markets. If Petro did a SWOT analysis, what would be one of its weaknesses?
Complete the table below. (Show your supporting calculations)
Morton Financial must decide on the percentage of available funds to commit to each of two investments, referred to as A and B, over the next four periods.
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The tiger minnow, which can be found in Lake Jackson and in Lake Bradford, is a small meat-eating fish. At the present time
How many workstations will be required next year to meet expected demand without using overtime and without decreasing the firm's current capacity cushion?
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