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Jack Simpson, contract negotiator for Nebula Airframe Company, is currently involved in bidding on a follow-up government contract. In gathering cost data from the first three units, which Nebula produced under a research and development contract, he found that the first unit took 2,500 labor hours, the second took 1,750 labor hours, and the third took 1,650 hours. Use Exhibit 6.5. In a contract for three more units, how many labor hours should Simpson plan for? (Round your answer to the nearest whole number.) Number of labor hours
Do you ever reflect, after the fact, about how effective your behavior was in a particular situation? Is this ever a source of new or different insights? Please share your insights. What do you feel is the single most important attribute for a leader..
After reviewing the waiting line analysis of Problem 12, the manager of Pete’s Market wants to consider one of the following alternatives for improving service. What alternative would you recommend? Justify your recommendation. Hire a second person t..
Analyze the overall competitive environment, including market conditions. Evaluate the current growth and new business strategies, along with implications. Analyze the organization's primary business model
Compute the composite (weighted average) rating for each location.
through better purchasing, the cost of purchases was reduced to 43% of sales.
What are seven tools of quality control? Can we use these tools to school systems? Explain “House of Quality (relationship matrix).” Apply them to an operation. What are variable control charts? How do we use them? What are attribute control charts? ..
Resource allocation is fundamental to managing a successful project. Explain how stakeholder management is linked to resource allocation management. Additionally, can you have a resource constraint of people without having time constraint implication..
Discuss your thoughts about just-in-time materials management, its value, shortcomings, and provide an example of where it may be implemented. Below is a brief discussion of JIT vs. MRP. Two approaches have had a major impact on inventory management:..
Forecasting is important relative to capacity requirements planning. Discuss the merits of using judgment methods (i.e., qualitative data) in contrast to quantitative forecasting methods. Which methods do you consider to be superior or more ac..
The following probabilities for grades in management science have been determined based on the past records:
You mentioned several technologies that can help track and plan the movement and storage of goods. What about a small business that cannot afford expensive technology, are there some simple practices that they might use to improve their supply chain ..
If you, as a manager, had to help change an employee’s behavior to make him or her more productive, what course of action would you take? How might you use both positive and negative reinforcement?
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