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A process has a cycle time of 10 minutes. The throughput time is 9 hours. If the throughput time is reduced to 5 hours without changing the cycle time, what is the change in inventory (as a percentage)? Response Feedback: Throughput rate is 6 units per hour (since cycle time is 10 mintues). Inventory = throughput rate * flow time A drop in inventory means that the change will be negative.
What did the union do to prepare for negotiations? What additional sources of information might it have used? What were the union's primary objectives? What were the union's strategies? Were they reasonable
Describe the switching costs that a company would incur if it began to phase out its current suppliers and pick new suppliers. How would you suggest this company reduce its switching costs?
At what point does entertainment end and marketing begin? Why did you draw the line there?
Introduction about outsourcing
Implementation of the chosen alternative is the final step in the decision-making process. In general, the strategy management steps can be viewed as being sequential and continuing. Tactical planning is long-range planning that emphasizes the curren..
41. A distribution center in a supply chain has the following jobs waiting to be processed. All jobs (sets of products requiring repackaging) must first be sorted into groups at one workstation, then packaged at a second workstation.
Give two examples (other than Toyota) of companies that use the Lean or JIT philosophies and cite the sources from which you learned about their Lean or JIT efforts.
The Health Reform Law (ACA) includes a provision to prohibit physicians having any ownership interest in “specialty” hospitals (e.g., those primarily providing cardiac surgery, or orthopedic surgery, etc.) from receiving Medicare payment for any serv..
You work in a new organization. You have been charged with recruiting a manager for a new department within the Services division.
Describe how a structured process such as Six Sigma methodology (Chapter 4) can be useful to identify spending patterns and identify opportunities for improvement.
A firm based in Greece is finding its growth limited by the limited liquidity of the Greek capital market. List the firm’s options for raising money on the international capital market. Discuss the pros and cons of each option, and make a recommendat..
What is the purpose of inventory? How does inventory management impact operations performance objectives? Provide specific examples.
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