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A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0.04. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 50 units per hour. The hourly rate including fringe benefits for this position is $9. If the inspection position is eliminated, defects will go into product assembly and will have to be replaced later at a cost of $10 each when they are detected in final product testing.? a)Should this inspection position be eliminated. b)What is the cosst to inspect each unit? c)Is there benefit (or loss) from the current inspection process? How much?
The following passage contains unnecessary jargon, padded phrases, and affectation. Revise the passage. With reference to the matter that management has declared to be in the best interest of the furtherance of the company-employee relations, the pre..
You are Vice President of Supply Chain Management in a major organization. What processes and procedures would you implement to maximize the efficiency and minimize the costs of the transportation portion of your company's supply chain
A local bank considers itself a full-service bank. They offer a number of products and services to individual customers, businesses, trusts, and credit card users. What steps should the bank managers take to benchmark? What should they benchmark?
Create a team building exercise that couldd be used to develop team communication and collaboration. Provide step by step instructions on how the activity will work. Also developed a short summary of how the activity relates to each stage of the team..
To what extent should end users be involved in the selection of a database management system and database design?
problem 1nbsp as you know utility functions incorporate a decision makers attitude towards risk. lets consider that the
Create a Project Charter for your Personal Project The format and content of a Project Charter varies from organization to organization. Larger organizations have a PMO (Project Management Office.) Typically, the PMO dictates a standard format and co..
Evaluate the information security issues facing the government and identify its three biggest concerns. application: Demonstrate how the government can use authentication and authorization technologies to prevent information theft.
How would you define “business ethics?” Can a firm’s executive compensation plan lead to unethical behavior? Explain. Unethical acts are generally committed by unethical people. What are some things companies can do to help ensure that their employee..
what are the main elements of the air transportation infrastructure? how would the quality and dependability of the air
Marking down inventory items that don't sell will result in:
If the replenishment lead time in 10.6 months, what is the re-order level based on the on-hand inventory?
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