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As a part of a lean initiative, a manufacturer has reduced the setup cost for machining a component from $520 to $12.5. as a result, the new economic lot size is 10 units. IF the goal is to reduce the economic lot size to 1 uni, what must the setup cost be reduced to?
Bob has always performed well and has an excellent track record with the company. He and Arnold do not have any type of employment contract - they've just worked together for the last 30 years.
Paddy's Pub was planning to have a street party to celebrate St. Patrick's Day. They contracted to buy 2,000 kegs of beer from Moe's at $50 dollars per keg
In considering newly levered versus formerly unlevered firm, illustrate what is break-even EBIT. Ignore taxes.
Select one (1) tool, other than MS Project, that you could use in order to manage project costs and scheduling. Next, speculate on the overall different project management strategy that you would apply based on the tool that you have selected.
A pizza delivery company promises to deliver all customer orders within one hour of receiving an order at one of its stores. Actual data for all pizza delivered during the past week showed that the average delivery time was 40 minutes and standar..
Evaluate the value of the CBA for each constituency and integrate these estimates into a scenario model and/or decision tree. Analyze the results.
Distinguish between bottleneck time and throughput time. Give an example of a bottleneck that could occur in an organization. What are the techniques available to operations managers to deal with a bottleneck operation? Which of these does not decrea..
In contract negotiations are all offers valid and legally binding? If the offer is valid, when may it be accepted and by whom? At what time, if any, may a contract offer be lawfully withdrawn?
You will need to include information such as cost, compatibility with current systems and work flow processes, functionality, ease of use, and end user support.
Using the Internet, look up and briefly describe at least one example of state-of-the- art technology-enabled shipment monitoring (tracing and tracking) capabilities. Be sure to include links to your sources.
An assembly line with 20 activities is to be balanced. The total amount of time to complete all 20 activities is 56 minutes. The longest activity takes 3.2 minutes
What is performance excellence? What are the principles of total quality? Describe the composition of each category in the Baldrige Criteria. Contrast total quality (TQ) and Six Sigma. Briefly describe the various elements of strategy development. Li..
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