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Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Provide a few examples of the problems that could result if the objective function and constraints are not stated properly. Why would these problems arise.
A workstation must produce 400 units an hour. It takes 24 minutes to receive the necessary material for production from the previous workstation.
The challenger system has a maximum useful life of 5 years, a uniform AOC cost of $20,000 over its useful life, and a $10,000 salvage value anytime it is replaced.
The work center makes products in batches ranging from one unit to one hundred units. Assuming capacity is not a limitation on either machine, on which batches should machine B be used.
Review all pending and threatened legal proceedings to which Kinder Morgan or any of its subsidiaries is a party. Describe the pricipal parties, allegations, and relief sought.
Technology should be used as a resource to enhance operational performance of a business. How does ERP help business?
What transaction costs are incurred by these outsourcing arrangements and why do they arise? What are the offsetting benefits from IT outsourcing?
If the project schedule is relaxed or lengthened, what is the impact on quality?
You are the new owner of a local ice cream store located in a strip mall adjacent to a university campus. You've decided to sell 20 flavors of ice cream and are contemplating whether to make the ice cream in-house or outsource its production.
Has free agency helped or hurt professional sport? Why do you think this way? Explain in detail. Give examples
A T-Shirt Manufacturer has fixed costs of 125,000 dollars. She sells the T-Shirts for 10 bucks and has variable costs of 4 bucks per shirt. How many T-shirts does she need to sell to break even?
explain how impleminting lean principles in an organization could help with overall riskmitigation for that organization.
Discuss Lean Manufacturing Systems. Please reveal your thoughts about the movement from "push" to "pull" in both products and services and where you believe these will be headed in the next 10 years
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