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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 efficient. The process would require the data gatherer to fill 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 is the labor content (total number of labor hours) for 1,000 projects for each alternative?
Wiley estimates which this policy will result in a drop in demand to 36 VCR's per week. Order also holding costs will remain same. Should Wiley adopt this policy. Explain why or explain why not.
A time standard was set as 0.20 hour per unit depend on the 50th unit produced. If the task has a 90 percent learning curve, illustrate what would be the expected time of the 100th, 200th also 400th units.
how did Google seizing upon external opportunities, handled outside threats by leveraging its strengths.
Are long-term objectives helping the enterprise make appropriate strategic choice decisions? How do distinctions between value disciplines
Illustrate what is "supermarket" as it is used in MRP. Elucidate how does it alter responsibility for dealing with lead-time offsets.
Sharp Discounts Wholesale club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes
Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.
she fears which the supervisors will be biased towards making the component in house, as they tend to favour retaining more work for their people. Elucidate what should Nancy Bush do.
describe how much did pro Cube improve Snyder's systems. Which management, organizational also technology issues did it address? Describe how does it give value.
A proton is initially at rest at a point where potential is 501 V. Sometime later proton is at a point where potential is 218 V. If no force or than electrostatic force acts on proton, illustrate what is its final kinetic energy.
There are six factors used in assessing project feasibility. They are economic, operational, technical, schedule, legal and contractual, and political. Which one of these six assessment factors is the most important?
Assume Ed can invest his money at 6% for six months in an ordinary annuity.
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