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A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be supplied. Each good part sold will yield $30,000. However, if fewer than 4 good parts are produced, none will be purchased. The probability of an individual part being acceptable to the customer is .80. 1/ Determine the optimum batch production quantity given that the job shop has agreed to supply the formed parts. 2/ Is the situation a profitable one for the job shop? I 3/ If not, how must the selling price be changed for the expected profit to be positive?
The relationship between the organization and its suppliers or its customers is key in making decisions regarding locating a plant or facility. Such decisions are generally a strategic decision.
Illustrate what would happen to during put of the line if we replaced the large single-machine at the bottleneck station with four smaller machines and held WIP at its current level.
If you owned your own business, would you provide your customers with a tiered service system? Why or why not?
What are the culturally contingent leadership behaviors and attributes? What are the positive leadership behaviors and traits that are universally accepted that facilitate leadership effectiveness?
Identify three of the product types that are primary moved using the five modes of transportation
illustrate what will decide whether it can in the remaining years of this decade sustain a strong growth performance similar to 1997 to 1999 without triggering a noticeable acceleration of inflation.
Illustrate what performance appraisal system would you develop for the secretaries if you were robbing Winchester? Defend your answer.
During the 1950s and 609, Mr. T. Ohno of Toyota developed the k a n Production System. Subsequently many other Japanese automobile companies adopted it.
Cletus Inc. plans to overhaul the cafeteria menu and has formed a four person team to evaluate alternatives. The team identifies four criteria and their corresponding percentage weights.
If a survey on teenage reads of popular magazines Shows which 38% subscribe to Teen Life also 47% subscribe to Cool Teen also 35% subscribe to neither magazine, illustrate what is probability which a randomly selected teenager. Subscribes to eithe..
Charles Lebeuf, VP of Human Resources for Bell Helicopter Textron of Canada, was asked to address the stockholders, employees, and reporters at the upcoming Annual General Meeting.
What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?
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