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Two years ago, a new immune system treatment, Ultamyacin, was discovered by a Smitheford researcher. The drug could be manufactured at the Pueblo facility for the bulk manufacturing, but the final manufacturing steps could be made in Puerto Rico for final purification and then sent to Fort Collins for final manufacturing into sterile bottles for injection.
Smitheford leadership has narrowed the decision making down to 2 options. The first is a higher technology option in one location, and the other is a lower technology option in several locations. High Technology Low Technology Centralized Location Decentralized Location Annual Fixed Cost $620,000 $110,000 Variable Cost/Product 16.31 18.89 Estimated Annual Production (in number of products) Year 1 100,000 100,000 Year 5 170,000 170,000 Year 10 225,000 225,000 Use applicable business formulas to determine costs for both options. Consider the following questions: Which is the lead cost alternative in Years 1, 5, and 10? How much would the variable cost per unit have to be in Year 5 for the automated alternative to justify the additional annual fixed cost of the automated alternative over the manual alternative? Determine what other factors should be considered when deciding the following: When to centralize manufacturing When to opt for higher technology options 850-1000 words
Helter Industires, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand.
Find the probability that 8 customers will arrive in a particular 15-minute period.
Of 3 options which do you feel is best. I think TQM covers a wide range. It practically encompasses both Lean also Six Sigma however Lean also Six Sigma are more detail oriented. Explicate what do you understand
Describe the elements of an organization's external environment. Why is it important to understand the external environment?
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% chance it will still be broken tomorrow.
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts.
Analyzes the following three key challenges that leaders today face when managing change and how would you diagnose or deal with those challenges.
What is Constitutional protection against double jeopardy?
Figure out whether to arrive at decisions quickly or slowly in choosing among the various alternative adjustments.
How could two companies with similar gross profit figures end up with dramatically different net operating income.
Differences in performance are often caused by system, which means organization ends up rewarding circumstances. It's same thing as rewarding weatherman for a pleasant day." Do you agree or disagree with this statement.
Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that of the international manager.
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