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Q. Many organizations use the same process capability standard for all their products or services (e.g., 1.33) however some companies use multiple standards: different standards for different products or services (e.g., 1.00, 1.20, 1.33 also 1.40). Elucidate what reasons might there be for using a single measure also Elucidate what reasons might there be for using multiple standards?
Your business, a closely held corporation with 4 other shareholders, is in serious financial trouble. A lender has suggested that it might provide lending if you could reduce your current debt load by 50%.
storage and distribution operation
Consider the "Alternative Approach" to combating five consumer products (alcohol, tobacco, guns, motor vehicles, and junk food) and determine whether you agree or disagree with the approach suggested.
The problem deals with discussing the differences between constrain and objective function under linear programming.
A power Corporation in Missouri can buy coal for its generating plants from western mines in Utah or from eastern mines in Pennsylvania. Elucidate what is value of transportation from western mines.
RVW (Restored Volkswagens) buys 15 used VW's at each of two car auctions each week held at different locations. Formulate this problem as a transshipment linear programming model. Solve the problem using the computer. Provide a Excel file.
How do you see the basic principles of project management aiding the operations manager/manageress in introducing change to the system/ process?
This solution exemplifies how to select the correct constraint which is based upon the information given in linear programming problem. This is all addressed in under 50 words.
Distribution of the number of no-shows is given in the subsequent table. Elucidate what is the optimal number of overbooked seats.
Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.
How many days should the marketing manager allow for completion of the critical path if he wants to be 99% sure that the critical path will be completed within this allowed time?
Computes the multifactor productivity measure for every of the weeks shown for production of chocolate bars. Elucidate what does the productivity figure suggest. Suppose 40hour weeks also an hourly wage of R12.
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