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A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly trained professional staff. This person would both gather and analyze the data. Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day.
The firm's management is thinking of assigning two people to each project in order to allow them to specialize and become more effi cient. The process would require the data 290 section 2 MANUFACTURING AND SERVICE PROCESSES gatherer to fi ll out a matrix on the computer, check it, and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data. After some practice, the new process can be completed with a standard time of 20 minutes for the data gathering and 30 minutes for the analysis.
a. What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)?
b. How long would it take to complete 1,000 projects with each alternative? What would be the labor content (total number of labor hours) for 1,000 projects for each alternative?
Compute the IRR for this project. How many IRRs are there? Using the IRR decision rule, should the company accept the project? What's going on here?
how much money would have to be deposited every quarter if a company wants to have 75000 at the end of three years .
Cost of Financing Assume that Seminole, Inc., considers issuing a Singapore dollar-denominated bond at its present coupon rate of 7 percent, even though it has no incoming cash flows to cover the bond payments.
a company reports the followingnet income ................................. 525000preferred dividends
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the mean amount of money that a family of four will spend on a baseball game including the food and souvenirs is 195
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