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Question: What is meant by mass customization? How can market conditions and consumer desires affect customization? Explain any price considerations that must be factored into the mass customization decision.
Describe the fundamental trade-offs made when deciding to crash a project. If the decision is made to crash, illustrate what additional tradeoffs must be made.
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms
Two new production scheduling information systems for Ferro Corporation could be developed at a cost of $105,000 and $135,000 respectively
Coupling can be marked at a rate of 200 per day. Annual storage cost is $2 per coupling also machine cost is $70 per run. Determine economic run quantity.
2 new fire stations are to be located in a city and the major of the city wants to decide where to locate the 2 fire stations. For planning purposes, the region has been divided into five tracts.
Spartan castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere.
They gave the example that if it orginally ran 2 minutes long it would then run for only 1 min and 12 seconds. I thought 40% would be 1 min 20 sec
A production process consists of the following four stages with the average percentage of good quality at each stage as shown
The distances in miles from the waiting taxis to the consumers are given in the subsequent table. Find out the optimal assignment of taxis to consumers so as to minimize total driving distances to the consumers.
Explain how are the mean activity times and activity variances computed in probabilistic CPM/PERT analysis.
You have conducted a zone of tolerance analysis for a local car wash. You find that the length of the reliability and responsiveness boxes are much greater than those of the other three service quality dimensions.
If Weiss adds a new plant addition and ATR does not produce a competitive product, Weiss expects a profit of $600,000; if ATR does not compete for this market
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