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The yacht company builds personal yachts. Its annual deductible is 10 yachts. This company can build at a rate of one yacht per month. Carrying cost is very expensive and is about $10,000 per year. The setup cost for a production run of yachts is $2,000. Find the order quantity and Imax.
Lugini Watch's annual demand is 100. It can produce at a rate of 10 watches oer month with a $100 setup cost for the production run. Find the order quantity and Imax assuming carrying cost is $100 per unit.
Apple Cakes reviews inventory every two weeks with lead time of seven days, demand rate 40 units per day and standard deviation five units per day. If the company tolerates no more than one stock-out per year, develop the ordering policy for a fixed-time period inventory system assuming 52 weeks per year? Show calculations.
Staffing is a complex, multifaceted process that affects all areas of the organization but is particularly important with regard to organizational effectiveness. As such, the organization strives to attract, motivate, and retain a workforce with the..
The process flow chart for Trojan Gadgets (TG) is presented below. TG makes two products—Basic and Funky. The molding workshop A only molds parts for Basic items. A worker in the molding workshop A can mold parts for a Basic item in 5 minutes. Which ..
International strategy methods. Let’s start with the concept of value chain creation. When looking at the primary and support activities of the value chain, how might a company go about deciding on which parts it would locate internationally? How do ..
Elucidate how many hrs do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hrs per unit valid or should the price be revised.
It has been said that within the next few years, smartphones will become the single most important thing digital device we own. Discuss the implications of this statement in an essay.
Based in Rotterdam, The Netherlands, Tapijt Express, B.V. is a small carpet cleaning business founded by a former advertising manager. The company cleans carpets for both commercial and residential clients. Which crew size had the highest productivit..
What are the objectives of the Burger Assembly and Ordering Process? What are the objectives of the sub-processes reflected in the different swim lanes? Please write a procedure for how employees input a new order in the system.
MRP is more than an inventorysystem and Master Schedules can be expressed in different ways as evidenced in the Orlando Magic Case. Can you illustrate the same principles as they are applied to the Red Sox or Patriots? Was the DeflateGate an operatio..
Goodman, N. (2012) 'Training for cultural competence', Industrial and Commercial Training, 44 (1), pp.47 - 50. After you have read the article, complete the following: Identify the definition of cross-cultural competence. Evaluate and identify the ch..
Describe a global present day business that has been under pressure to perform better due to competition from competitors and has transformed successfully using information systems as the key driver or component.
Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times. What strategy would you use
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp. Can public companies survive? Should they survive? Use the Special Report from The Econo..
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