Computer integration of all our manufacturing functions

Assignment Help Business Economics
Reference no: EM131918559

Discuss each of the following statements. What do you think is wrong with each of them?

  1. "We've thought about computer integration of all our manufacturing functions, but when we looked at the big picture, we realized that the labor savings wouldn't justify the cost."
  2. "We've had these computer-controlled robots on the line for several months now, and they're great! We no longer have to reconfigure the whole line to shift to a different product. I just give the robots new instructions, and they change operations. Just wait until this run is done and I'll show you."

Reference no: EM131918559

Questions Cloud

Part of risk reduction in a clinical area : Discuss two methods that could be used by a nurse manager to encourage his or her staff to be part of risk reduction in a clinical area.
How the given constraint impacts project management : Identify your chosen constraint and provide a more detailed description of how this constraint impacts project management?
What is the most economical process for a volume : a) What is the most economical process for a volume of 8,000 units?
Create logic model for your selected health-related program : HCS412: Health Promotion Planning & Evaluation Describe the health-related program for which you are creating the logic model - Create a logic model
Computer integration of all our manufacturing functions : We've thought about computer integration of all our manufacturing functions, but when we looked at the big picture
How can cloud computing enhance business value : Compose a research paper by addressing the following research question: How can cloud computing enhance business value?
What is a corner point : What is a corner point? Why do solutions to linear-programming problems focus on corner points?
Facility layouts report : Facility Layouts Report Describe the following facility layout formats used in manufacturing:
Performance appraisal process of an organization : Select and briefly describe the training process and the performance appraisal process of an organization

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what is the total price of program to consumers

The cost of running the government program ( assuming no storage costs). Illustrate what is the total price of the program to consumers.

  Compounded continuously

What is the future worth of $ 1000 in month 1, $1,040 in month 2, and amounts increasing by $40 per month through month 12, at the end of year 2 if the interest rate is 23.7631528% per year, compounded continuously?

  With at least two bibilographies for review

Using the four scenarios, discuss each and choose periods when each scenario has occurred in the U. S. or other countries: higher interest rates, more capital invested. Graduate level response please. (500) with at least two bibilographies for review..

  International lending and increase in eurodollar accounts

Several people have argued that the recent surge in international lending and the increase in eurodollar accounts and derivatives will contribute to economic instability. Do you agree or disagree with their concerns? Why?

  Affordable care act expands coverage for low-income

As you know, the Affordable Care Act expands coverage for low-income US citizens by giving them access to Medicaid. As you also know, not every state has taken advantage of this Medicaid expansion. What economic argument can you make for expanding Me..

  Analyzing unemployment over the business cycle

The Mortensen-Pissarides (MP) framework of search labor is the thing in analyzing (equilibrium) unemployment over the business cycle. Shimer showed that the lack of hires is the big margin that affects the volatility of labor. Since then people tried..

  Stability of european monetary system exchange rates

Why might European Monetary System provisions for the extension of central bank credits from strong-to weak-currency members have increased the stability of European Monetary System exchange rates?

  Proposed business painting houses in the summer

Your cousin Jeremy has asked you to bankroll his proposed business painting houses in the summer. He plans to operate the business for 5 years to pay his way.

  Most firms experience reduction in the demand

During a recession, most firms experience a reduction in the demand for their products and service. In other words, their demand curve shifts to the left. In order to stay viable they often lay off their employees. How does it affect labor productivi..

  Heckscher-ohlin theory and stolper-samuelson theorem

Consider the Heckscher-Ohlin theory and the Stolper-Samuelson theorem. What do they suggest about who the gainers and the losers are from International trade?

  Interest-rate target at the same time

"If the demand for reserves did not fluctuate, the Fed could pursue both a non-borrowed reserves target and an interest-rate target at the same time." Is this statement true, false or uncertain? Explain your answer

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd