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A certain custom engraving shop has traditionally had orders for between 1 and 50 units of whatever a customer orders. Typically, a single worker would work all of the tasks needed for these traditional orders.
A large company has contacted this shop about engraving “ league-team-individual reward” plaques ( which are essentially identical to each other - but leagues have different logos, teams different names, etc.). It wants the shop to place a bid for this order. The expected volume is 12,000 units per year and will most likely last four years. To successfully bid ( low enough price) for such an order, what will the shop likely have to do? Describe a manufacturing process from the chapter that might be considered for the new process? Mention the advantages and disadvantages of the process you describe.
A company produces three types of items. A single machine is used to produce the three items on a cyclical basis. The company has the policy that every item is produced once during each cycle, and it wants to determine the number of production cycles..
ABC corporation found that its total indirect costs is $10 million per year.ABC employs 100 direct labor who work 40 hours per week over a 50 working weeks per year.
Does Apple operate in any countries that are considered to be very politically or economically risky? Explain.
What factors would you use to weigh internal versus external candidates? Should one have a "leg up" on another? In what situation does this "leg up" become a non-issue?
If the manager anticipates an annual volume of 10,000 units, which alternative would be best from a cost standpoint? For 20,000 units, which alternative would be best?Determine the range for which each alternative is best. Are there any alternative..
Retailer is considering two possible definitions of “in-stock”
How does the presence of the two Screw Gun models, affect the above JIT production sequences?
Address the following questions and also provide the name of a company example of each structure with supporting rationale. Reply substantively to two other learners.
What is not a feature of the Consumer Credit Protection Act:
How would you describe the competitive structure in the restaurant industry? Why? Are there strategic groups with distinct competitive pressures? Are there substitutes that constrain prices? Given this competitive structure, how can a business realiz..
Super K Beverage Company distributes a soft drink that has a constant annual demand rate of 4,600 cases. A 12-pack case of the soft drink costs Super K $2.25. Ordering costs are $20 per order, and inventory-holding costs are charged at 25 percent of ..
Joe, a resident of New Jersey, wants to open a restaurant. He asks Kay, his friend, an experienced attorney and a New Yorker, for her business and legal advice in exchange for a 20 percent ownership interest in the restaurant.
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