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Orangemen Lofts plans to add 300 luxury apartments to its complex in Cohoes. The cost of the land now is $16 million including taxes and fees. The construction cost is expected to be $64 million including the cost of the central amenities. The annual maintenance and operating cost is expected to be $450,000. The company also estimates the market value of the property to be 72% of the construction price after 11 years. The average occupancy rate of 88% is expected each year. What is a minimum monthly rent required to make this investment economically acceptable if the company's minimum attractive rate of return is 6% per year, compounded monthly?
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem.
What is the efficiency rating of the current operation? If the company decides to use only one container, how many parts must it hold?
A toy company has decided to manufacture a new toy tractor, What is the theoretical minimum number of workstations, to ensure that a demand of 4,700 units per 40-hour workweek is met?
The Lake Charles location would increase system transportation costs by $50,000 per year, the Houma location by $60,000 per year, and the Gulf Port location by $29,600 per year
An organization is considering three process configuration options. There are two different intermittent processes, as well as a repetitive focus
What are a manager's options if more control isn't possible? Identify and describe the various methods that managers can use to maintain control.
The circulation manager of The New York Times in State College, PA is trying to decide how many copies of the upcoming Sunday edition of the paper to order so as to meet the demand of local customers
Illustrate what general features would you look for in a business process that would make that process a candidate for reengineering.
How much gravy should be ordered using a fixed order interval system? Order is being placed on Thursday and the fiscal week begins on Thursday and ends on Wednesday.
Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem?
Illustrate what leadership style did john terril use. Illustrate what do you think was his primary source of power
Explain why it is important to gain employee cooperation before beginning a job analysis program. Describe other issues and means that can aid in the job analysis process.
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