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Employees in a factory arrive at the tool crib at an average rate of one employee every five minutes. There are two tool crib taking and employee's orders. The average time for a tool room clerk to fill an employee's request is six minutes. Assume that management has valued employee's waiting time at $18 per hour to reflect the cost of lost productivity. The cost for each clerk is $6 per hour. In addition, the two computers used by the clerks are rented at a cost of $20 each per day. If the tool room is open for business 9 hours per day, what is the daily cost of this operation?
What are three internal and external job recruitment strategies? Identify when each would be appropriate and when each would inappropriate to use. What strategies are used at your organization and do you think they work?
Suppose that management of Mytrle Air express believes that the probability of weak demand is 0.70. and the probability of weak demand is 0.3. Use the expected value approach to determine an optimal decision.
His approximate d cost to carry 1 case of whiskey is $52 dollars per case per year. He approximates that it costs $21 to place a whiskey order. Explain how many cases should doc order each time he places an order.
It is important that the students understand the difference between explicit and tacit knowledge made by Michael Polanyi. These two types of knowledge require quite different approaches to the acquisition, sharing, and retention of knowledge. Provide..
An innovative restaurateur owns also operates neither a dozen "Ultimate Low-Carb" restaurants in northern Arkansas. Illustrate what is your forecast of profit for a store with sales of $40 million? $50 million.
Why is it important to be able to write well as a professional? Why is it important to understand APA format? Why is it important to be able to demonstrate APA format?
Identify five key economic variables that could represent major opportunities or threats to a bank in your town or city. Identify which that you believe to be most important, and describe at least one strategic response.
In your own words, describe how the linear programming process works. Your answer should demonstrate that you understand what a model is and how the optimization process works
Discuss the developmental level and try to describe the type of supervision you are currently receiving and explain how it drives the need for empowerment.
Five data entry operators work at the data processing department of the Birmingham Bank. Why can the lower control limit not be a negative number
Let’s now apply those concepts to Logistics, which is defined as “the art and science of obtaining, producing, and distributing material and product in the proper place and in proper quantities.” What is a company that has impressed you with its inno..
Roger is a director of a major car manufacturer. This is one of the few remaining car companies yet to introduce a sport utility vehicle. Roger convinces the board to investigate forming a new division to design, build and market a sport utility vehi..
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