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Your company owns a large parcel of land in a neighboring city that you have no use anymore. Two companies are interested in purchasing the land. Company A has offered you $20,000 per year for 20 years for the land. Company B offers that in addition to the 20 equal $20,000 payments, it can pay an additional $10,000 six years from now and an additional $15,000 16 years from now, if you agree to delay the start of the 20 equal $20,000 payments until three years from the date of agreement. Which offer should you take, if the interest rate is 15% (compounded annually).
A brief description of the organization and industry they selected. At least four key concepts relevant to Operations Management in your organization
Formulate the constraints mathematically independent of each other. All of the constraints should be linear - If you produce Breakfast Teas, you cannot produce Irish Teas.
Importance: What is the importance of the process to the Toyota organization? Scope: What is the scope of this process (what is the breadth of its reach)? Parties involved: What customers, as well as internal and external suppliers, are affected by t..
A quality analyst wants to construct a control chart for identifying whether four machines, all producing the same product, are under control with regard to a particular quality attribute. Accordingly, she inspected 1000 units of output from each mac..
Sarah needs to purchase organic Palm oil to make her soaps. She needs 1,000 kgs of Palm oil per day on average. The supplier charges a $60 delivery fee per order.
Burger Prince then ran advertisements saying which its pure beef burgers were better than Captain Hooks which used fillers. Which of the subsequent is true.
Explain the most important thing you learned from this experience. b. Analyze the strengths in your lesson. c. Analyze the areas of the lesson that need improvement.
Why is it critical to organizations. Why is operations management one of the top careers. Why are professional organizations important
Give three examples of "personal" or business problems that's encountered: one that involved the condition of certainty, one that involved risk, and one that involved incertainty. What process is used to resolve these problems?
Describe the overall goal of a supply chain. Describe the difference between a supply that is responsive (service) and a supply chain that is efficient. Can a supply chain be both
What makes a constraint critical or active? Explain. Jim has used the theory of constraints to maximize the production of his active constraints and match the production rate in the rest of his facility to the bottlenecks
Cibuco development company is considering the purchase of a parcel of land for the construction of a small shopping center. In order to build this work Cibuco needs the approval of a rezoning of the property by the people Tropicotamia. The sale price..
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