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Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of workers needed for March will be held constant through May. However, government constraints put a maximum of 5,000 hours of overtime labor per month in April and May (zero overtime in February and March). If demand exceeds supply, then backorders occur. There are 100 workers on January 31. You are given the following demand forecast: February, 80,080; March, 64,080; April, 100,080; May, 40,080. Productivity is five units per worker hour, eight hours per day, 20 days per month. Assume zero inventory on February 1. Costs are hiring, $45 per new worker; layoff, $65 per worker laid off; inventory holding, $9 per unit-month; straight-time labor, $10 per hour; overtime, $15 per hour; backorder, $18 per unit.
Global firms with cutting-edge technology that Petro cannot afford have been attracted by the new markets. If Petro did a SWOT analysis, what would be one of its weaknesses?
Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. Explain the WORST strategic planning and implementation?
what is the diffrence among cost-benefit analysis, cose-effectiveness analysis and cost-utility analysis.
Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes.
describe how, as a construction manager, you will coordinate with the different primary players for timely completion of the construction project.
Panera Bread's competitors and discuss cons that Panera has with competitor and explain how this cons may be overcome.
Joe, the owner manager of Joe's Barbeque, has recently become acquainted with the concept of Value of a Loyal Customer (VLC). He had always rather intuitively thought that his "regulars" were the ones that were most valuable to his business.
Employers are using employees more and more in a matrixed environment. What does that mean? How can we contend with the various stressors
Identify the three acts that constitute the U.S. labor law foundation. Provide a brief summary of these Acts, and explain the impact these acts have had on labor/management relations. Please answer both questions, Thanks
Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired.
what is the probability that the results indicate a successful market for the product and the product is actually not successful?
You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition of new product. You find a company can produce a product the first time at a cost of $5,000.
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