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our manager notes that you calculated the multifactor productivity for April as 4.81. She asks you what that means.
You reply:
a. "For every $4.81 in revenue, we cover all labor, overhead and material costs."
b. "For every $1 in revenue, we produce 4.81 units."
c. "For every $1 spent in operations, we produce 4.81 units."
d. "Every hour, our total costs per unit is $4.81 on average."
e. "Every 4.81 hours, we generate 1 unit."
List some products in your personal or family "inventory." How do you manage them? (For instance, do you constantly run to the store for milk? Do you throw out a lot of milk because of spoilage?)
What type of operations and supply chain environment has more difficulty managing capacity— n environment supporting standardized products and services or one that supports customized products and services? Explain.
Many firms require that their AIS applications retain high availability for use (greater than 99.9%), meaning that these systems will hardly ever suffer an outage. Is this a fair demand for AIS applications? What are the pros and cons for lower avail..
The Universal Declaration of Human Rights, adopted by the United Nations in 1948, proclaims "everyone has the right to a standard of living adequate for the health and well-being of oneself and one's family, including food, clothing, housing and medi..
illustrate what is the epmo metric also explain how does it compare with a six-sigma level. Explain the importance of an efficient directory structure also relate a scenario which will justify your explanation.
Analyze the three internal governance mechanisms (ownership concentration, boards of directors, and executive compensation) and recommend a possible fourth mechanism that would help align the interests of managerial agents with those of the firm’s ow..
There have been a number of small “trash can” fires at your work site. You evaluated the site and found some basic housekeeping issues as prime contributing factors. You realize that the issues you have identified are conditions addressed in 29 CFR 1..
What are recent examples of unethical business decisions that have had a large impact on society?
Explain what it means if you have an infeasible problem. Provide feedback about the pros and cons of having a minimized or a maximized feasible region, and provide input on your opinion of the data from each.
Compare and contrast the types of production processing-job shop, batch, repetitive, or continuous-and determine which the primary mode of operation is and why.
What are the chief elements of the strategy that Whole Foods Market is pursuing?
Without good leadership, desired change will not happen in a timely manner. Leaders need both personal qualities, notably enthusiasm, and professional skills, to involve others in decision-making and the management of change.
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