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You are the operations manager for Louisiana Sporting Goods Co. The company has designed new "oyster shucking" knife that is expected to reduce risk of injury to the user. Your firm plans to begin production of these knives soon. Either of two machines (processes), A or B could be used for in-house production. Machine A would have a fixed cost of $60,000 and a variable cost of $5 per unit produced, and B would have a fixed cost of $80,000 but a variable most of $3 per unit. Each knife is expected to sell for $15. Determine the range of annual "volume of business Q" for which each of the two alternatives would be optimal i.e. best. Hint: Compute various break-even points for your evaluation
For a four-person surgical group, what kind of formula may be devised to fairly and consistently measure and reward productivity? What changes may be needed if one surgeon decides to perform more office work and less surgery?
Assuming the supplier's promise is valid, what is the probability that the dairy will run out of this flavor before the shipment arrives?
how has your company or another company that you are familiar with used the internet andor related technologies to
Describe how businesses approach segmenting the market, and why market segmentation could be an attractive business strategy. Why do businesses segment the market? What approaches can be used to segment the market? How can this lead to competitive ad..
Construct a network using the AON (Activity on Network method) like we did in class. Show how you calculate the path in weeks for each of the three paths.
Choose two ethical issues raised by the Enron case, e.g., Enron’s accounting fraud, the company’s reward systems, use of special purpose entities, “deal making” company culture, etc. Apply duty ethics your two Step 2 choices. How does use of duty eth..
Bass Fishing Inc. assembles fishing nets with aluminum handles in an assembly line using four workstations. Management wants an output rate of 250 nets per day using a 7.5 hour work day. The sum of the task times is 5.75 minutes/net. a. What is the c..
The acquisition of one or more businesses operating at the same stage of the production-marketing chain is an example of. Which of the following is a generic strategy developed by Michael Porter. Which of the grand strategies is typically lowest..
It’s advisable to place an illustration next to every major step in instructions when
What is corporate social responsibility? Provide two examples of corporations that meet that definition of corporate social responsibility and identify what they do that makes them socially responsible.
Product A consists of three units of Subassembly B, three units of C, and one unit of D. B is composed of two units of E and three units of F. C is made of three units of H and four units of D. H is made of five units of E and two units of G. d. To p..
most of us have situations in which we find it difficult to communicate. improving your written communication skills
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