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Come up with 3 businesses that do not need technology to compete, and then demonstrate how technology can help your suggestions be more successful. For example - a hot dog stand. For example, the Internet could help the hot dog stand research local events and place itself accordingly so that it attracts the most customers.
RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. Formulate this problem as a transshipment linear programming model. Solve the problem using the computer. Provide a Excel file.
although it was designed to make four copies per second. Data suggests that about 3% of the copies pages must be scrapped and recopied. What is the overall equipment effectivness of the high-speed copier?
Prepare your recommendation for Bushwood if their objective is to minimize costs. Assume that service times for each option follow exponential distributions.
Discuss the impact entrepreneurs have on the economy. Highlight at least one benefit and one potential downside.
A bank manager wants to determine the percent of time that tellers are working and idle. She decides to use work sampling, and her initial estimate is that the tellers are idle 30 percent of the time.
The reorder point is defined as the lead time demand for an item. In cases of long lead times, the lead time demand and thus the reorder point may exceed the economic order quantity.
What is the relationship between motivation and job satisfaction? Are satisfied employees more productive? Can most people be motivated by money? Is money really a good primary motivator? What should we make of all the different motivation theorie..
A friend asks your advice on changing his medium-sized company to a more entrepreneurial culture. Recommend initial strategies your friend should use in order to succeed in this change. Discuss strategy you created.
An assembly line with 11 tasks is to be balanced. The longest task is 2.7 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes.
The new process would have fixed costs of $90,000 also variable costs of $5. Illustrate what is the crossover point for these processes.
The forecasted demand for fudge for the next four months is 140,160,90 and 70 pounds. What is the recommended production rate if a level strategy is adopted with no back orders or stockouts?
It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established.
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