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Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labor hours, and cost $39000 worth of purchased and manufactured parts. The second took 1500 labor hours, and cost $37050 in parts. The third took 1450 labor hours, and $31000 in parts, and the fourth took 1275 labor hours, and cost $31492.Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units.Ignoring any forgetting factor effects, what should Johnson estimate time and parts costs to be for the dozen units. (Hint: there are two learning curves--one for parts, and one for labor)
Illustrate what do you think happens in a company which creates teams just for sake of having teams as it's a fad or just as it sounds good. Elucidate how can this pitfall be avoided.
You are required to produce a management report from the perspective of a consultant, reporting back to your client - the CEO of an overseas museum.
The investor hires a researcher who randomly samples 19 warehouses that are for sale and finds that the mean price per square metre is $316,70, with a standard deviation of $12.90. If the researcher uses a 5% level of significance, what statistica..
either defend social responsible pricing as a viable business practice or describe why you believe that social responsible pricing can lead to a company's demise.
Illustrate what is maximum number of flower pots that are held in inventory in a given ordering cycle. Based on info below.
Decide the number of employees that would be needed. The ice cream sales record for the past 12 quarters is provided in a table below. To assist her with her plans, develop the following forecasting models.
Illustrate what is service factor for this system. Illustrate what is average number of these machines in service. Illustrate what impact on machines in service would there be if a second technician were available.
Okan, explain but spends which time straightening the shelves of products in his department. Which of the subsequent is the most likely response of the group towards Okan.
An ad campaign for a new snack chip will be conducted in a limited geographical area also can use TV time, radio time, also newspaper ads. Information about each medium is shown below
Management believes that they can increase the price per hour by 10 percent in this new situation and improve profits by 10 percent, but the sales department cautions that the price increase may decrease sales by 15 percent
An automobile brake supplier receives an average of 1,000 orders per week. An average of 500 orders are waiting to be processed. What is the average time spent by each order waiting to be processed?
The room's forecast is a tool for managers throughout the hotel; it is not for the front office alone. List also examine how several other non-room departments (housekeeping, food also beverage, etc.) would use the rooms forecast.
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