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Consider a capacity constrained process producing a high profit margin product. What will the impacts on revenue and profits be if processing time for the bottleneck resource is reduced by 10% while everything else remains the same?
A) No impact on revenue or profits
B) Higher revenue and profits
C) Lower revenue and profits
D) Higher profits with no change in revenue
Three key activities--setting a direction, designing the organization, and nurturing a culture and ethics--are all part of what effective leaders do on a regular basis. Explain how these three activities are interrelated.
Ordering cost is $50.00 per order. Unit cost is $5.00. The carrying Charge is 20%/year. Demand is 1,000 per week. Lead time is 2 weeks. Standard deviation of demand is 300/week. Calculate a fixed quantity reorder point system with a 95% service cycle..
Annual holding cost is $3 per slicon chip. The optimal ordering quantity is 1600 chips per order. What is the assumed ordering cost, i.e. S ?
Describe the different types of groups and the five stages of group development. Compare groups and teams. Describe the characteristics of effective teams.
Of 3 options which do you feel is best. I think TQM covers a wide range. It practically encompasses both Lean also Six Sigma however Lean also Six Sigma are more detail oriented. Explicate what do you understand
What kind of labor relations strategy is present here? Explain the ethics of the Henley Textile Mill. How do you explain the attitude of the national union regarding this union drive? How do you explain the attitude of local ministry?
Consider the baggage check-in of a small airline
In your opinion, which training method best addresses the adult learner's need for participation and interaction? why?
Create a service blueprint that depicts an overnight stay in a nationally-recognized hotel chain. Your blueprint should capture the process, which begins with a client's call to the reservationist and ends with checkout and departure the following da..
Understanding the importance or relevance of the various aspects or dynamics associated with the role of culture in family is very important. Each cultural group brings its own sense of family and the changes may be different for cultures and/ or eth..
If you arrive to your work, you are a manager and the first thing you see in your email is a thread between 2 supervisors discussing a technical issue over the email. The 2 supervisors belong to your department and there are other departments/workers..
Over the years, National Association of Home Builders (NAHB) has periodically conducted “construction cost surveys” to collect information from builders on the various components that go into the price of a typical single-family home. What is the est..
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