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A student is considering the purchase of two alternative cars. Car A initial costs $1,500 more than Car B, but uses 0.05 gallons per mile, versus 0.07 gallons per mile for Car B. Both cars will last for 10years, and B's market value is $800 less than A's. Fuel costs $3.00 per gallon. If all else is equal, at how many miles driven per year does Car A become preferable to car B?
A foundry receives an order for specialty castings. Cost of producing each casting is estimated to be $15,000. The customer requires that exactly 4 good castings be supplied.
Holding costs are $2 per item per year and ordering costs are $30 per order. Illustrate what percentage of time will the facility be producing components.
Describe the importance of learning curves in a services-based operation and how they can be used to increase organization efficiency. Please provide a specific example(s).
Describe the different types of interviews, and some problems encountered in interviewing.
Of the four conflicts that characterize teenagers, which would be more of an issue in Asian societies where conformity is highly valued.
The Luxor Computer Company plans to introduce a pyramid-shaped desktop computer. The company is interested in the proportion of prospective customers who find the unusual shape a positive selling point.
A nursing home contracts with an HMO for skilled nursing care at $2.00 PMPM. If costs are expected to average $120 per day, what is the maximum utilization of days per 1,000 members that the nursing home can experience before it begins to lose mon..
This solution offers the student with a brief overview of most important thing you could learn from operations management (as well as an example). It's approximately 230 words and one reference is included.
Lisa's order costs of $205 per order, her annual holding costs are 5%, and the annual demand is 49,900 pieces. For the best option, (the best option is the price level that results in an EOQ within the acceptable range).
define decision variables that will tell how many units to build (windows and doors)
Define and discuss quality management, the evolution of the quality improvement movement, and implications of public health for health care organizations to implement national quality initiatives.
Why are some employees entitled to overtime and others are exempt from being paid overtime? Explain what job sharing is and how it typically works in terms of compensation and benefits.
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