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A cement company is considering how to expand its capacity and they are examining the use of overtime or subcontracting on a quarterly basis as possible options. They have the following information about their operation: Aggregate demand = 30,000; 25,000; 27,000; and 31,000 Maximum capacity = 25,000 units Labor to produce one unit = 2.45 hours Cost of overtime = $10.50/hour Cost of subcontracting = $25.00/unit If they use overtime, what is the cost of overtime in quarter 1? a. $51,450 b. $125,000 c. $128,625 d . $150,000 e. $154,350
Ferrell , the author of your text, sees an ethical dilemma as the requirement to make a decision that is not covered by the rules. A bit later in the book he also says that it's a situation in which there is no moral course of action, which seems ver..
Comment on the project management profession what business areas contribute to the field of project management provide examples
In a working environment rational persuasion is most often used as it uses logic and facts to convince the boss; facts are often what they seem to want to hear. What other influence tactics might also be effective with your boss
Create a risk register for your example project. Categorize each risk, list potential causes, and list potential responses for each cause. Describe what each project success measure looks like on your example project
The operations manager from Q4 creates an 8 hour shift with a 30 minute lunch and two 10 minute breaks, one in the morning and one in the afternoon. Calculate the utilization, efficiency, and productivity. Will the owner be satisfied?
We know the demand for week 11 and 12 are 172 and 155, respectively. Using exponential smoothing with alpha = 0.44, and assuming that the forecast for period 11 was 110, what would the forecast for period 13 be?
Floor-On, Ltd., operates a line that produces self-adhesive tiles. This line consists of single-machine stations and is almost balanced (i.e., station rates are nearly equal). What is the estimated average WIP level? How does the performance of the a..
Harris in the original 1913 paper on the EOQ model, suggested that “most managers, indeed, have a rather hazy idea as to just what this [setup] cost amounts to. Do you think that setup cost, as defined in the EOQ model, is more easily specified today..
“Bureaucracies, which are organizations run according to rigid rules and regulations and directed under centralized authority, are not designed for rapid response to consumer needs because of the rules and regulations the management imposes. What doe..
Describe an incident from a job where you would like to better understand how the organizational setting influenced employee behavior. What was the situation, and what happened? If you had been the manager in that situation, what would you have neede..
Explain the importance of the product design process. Describe the connection of designing new products and their relationships to production processes. Evaluate strategic options in process planning, including whether or not to outsource.
A company wants to create a new performance appraisal process for its employees. In a two to three page paper that is APA formatted, discuss how you would execute this directive. Include:
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