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Just-in-Time came to the United States as an adaptation of the Toyota Production System. When it first came to the United States, it was deemed to be Zero Inventories, although Taiichi Ohno actually called the process "Lean."
Discuss the basics of Just-in-Time using an example from the industry. Further, justify whether Just-in-Time is an inventory control policy or a process improvement methodology. Also, examine if it can be both.
Find the solution of the LP. Are there alternative optimal solutions. Assumed the objective function is changed to do you desire to re-graph the feasible region of this LP.
Claire also Jerry sued restaurant, claiming that restaurant was a bailee of coats also had a duty to return them. Are they both correct. Use principles of law discussed in this week's reading to form a foundation for your response.
A recently negotiated union contract allows workers in a shipping department 29 minutes for rest, 12 minutes for personal time, and 17 minutes for delays for each four hours worked
A firm has a large pool of clerical employees who process insurance application forms. When the firm hires a new clerical employee, it takes that person about 48 minutes to process a form.
Your company has offered you a full expatriate package to relocate to the overseas operation of your firm
find the stadium (seat) utilization. Can you think of one or two other assets that have such a low resource utilization?
Illustrate what is the probability that the overall defective rate is still at 1percent if in fact, exactly two of the five are defective in this sample.
A computer manufacturer currently has a 15 percent customer defection rate. Their accounting department estimates the incremental contribution to profit and overhead as 30 percent. Determine the increase in the average value of a loyal customer if ..
You estimate your fixed cost at $15,000 also the variable cost of each copy sold at $.01. You expect the selling price to average $.05. Illustrate what is the break-even point in dollars.
December demand rates of production crew both 1,600 units per month. Cost of hiring additional workers is $5,000 per 100 units. Cost of lying off workers is $7,500 per 100 units. Evaluate this plan.
Is organization more appropriately illustrated as centralized or decentralized also Explain why.
Determine the economic order quantity, the reorder point, total annual cost using the EOQ, if cost per tire is $35.00, holding cost is 20% of tire cost per year, demand is 1000 per year ordering cost is $20.00.
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