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Discuss the many costs that businesses face today. Is it always practical to test new ideas via a 'real life' study - with participants, facilities, etc? If not, how can a simulation be utilized to test ideas while keeping costs manageable? If a simulation is used, what steps are needed in order to have a successful model?
What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large. Small orders are for an average of $500 and large orders are for an average of $5,000; 20% of the orders coming in are..
Over illustrate what range of demand would manual process be preferred over mechanized process. Over illustrate what range of demand would mechanized process be preferred over manual process.
Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. Explain the WORST strategic planning and implementation?
A hotel is considering changing its waiting line system. In the current system hotel guests divide themselves equally between the lines that form in front of 4 hotel clerks
What is the seasonalized forecast for each day of next week, A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements.
It takes 90 minutes to produce a birthday cake, 240 minutes to produce a wedding cake also 120 minutes to produce a specialty cake. Illustrate what is labour productivity.
company will offer staples and frozen foods in a large metropolitan area and then deliver them within a customer-defined window of time. You plan to partner with two major food stores in the area
Illustrate what steps/actions would an organization take to decide whether the transportation activity has the appropriate internal competencies to achieve competitive advantage.
The bank wants to determine the operating characteristics for this system to determine if the current person is sufficient to handle the increased traffic.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day
Provide evidence of personal insight into complexity of FDA's accelerated drug-approval decisions, sometimes driven by political also ideological as well as medical considerations.
What should the price be for breakeven to occur at 5,000 units? GX desires a selling price of $100. They also want breakeven units to be 5,000.
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