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A certain ventilation system would cost a firm approximately $60,000, which can be amoritized over its useful life at a cost of $15,000/year. Annual maintenace costs are expected to be $600 per year and amonthly operating costs (utilities) $150 per month. The system is expected to facilitate production by reducing the amount of machine cleaning for an expected annual savings fo $1200 per year. The primary benefit fo the proposed ventilation system is expected to be the elimination of the need for respirators, which cost the company $4000 per year in equipment, maintenance, employee training, and respiratory system management. The ventilation system is expected to reduce short term illness complaintes by an average of 6 per year and long term illnesses by an average of 0.2 per year. Short term illnesses result in a total cost of $600 per occurrence, including intangibles. Long term illnesses are expected to result in a total cost of $30,000 per occurrence, including intagibles. Use a cost benefit analysis to determine whether the ventilation system should be installed. What is the primary benefit of the ventilation system?
Discusses Whirlpool Corporation’s Operational Excellence initiative and its use of Six Sigma practices. How did the implementation of the program change the culture and mindset of the company’s personnel? List three tangible benefits provided by the ..
The gas is then fed to a furnace with 7 mols of dry air and undergoes complete combustion and complete conversion. Determine the composition of the resulting gas. Assume ideal gases.
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec..
The Petreco Service Station has one pump for regular unleaded gas, which (with an attendant) can service 10 customers per hour. Cars arrive at the regular unleaded pump at a rate of 6 per hour. Determine the average queue length, the average time a c..
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Comment on the changes in productivity according to the two m..
Compare these three pizza companies of “Little Caesars Pizza”, “Papa John’s Pizza” and “Pizza Hut”. Describe each company in terms of following operational strategy elements: • competitive priorities (cost, quality, time, flexibility)
Assignment on Two Process Design- Learning Team Reflection, Select a manufacturing organization the team members are familiar with.
Nursing Discrimination? You are in charge of the nursing staff in a major metropolitan hospital. Juan Flores, a Medical Doctor (MD) in the Philippines who came to work as a nurse in the United States complains to you that he has been routinely exclud..
Define cooperative strategies and competitive straregies. Discuss the advantages and disadvantages of cooperative vs competitive strategies. Please provide specific examples and cite resources where used.
Which of the following is a term for a state statute authorizing boards of corporations to take into account all stakeholders and constituencies
How can the concept of span of control and grouping similar functions be utilized with an Aviation predictive maintenance approach
Compare and contrast Six Sigma, the Balanced Scorecard, and ISO9000/9001 as different methods of preparing performance and completion metrics. Metrics are performance markers, utilized at different intervals during the process timeline, to measure ad..
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