Markets innovative consumer electronics products

Assignment Help Operation Management
Reference no: EM13963928

Suffolk Analytics Inc. is a Fortune500 company that develops and markets innovative consumer electronics products. The development process proceeds as follows. Suffolk researches new technologies to address unmet market needs. Patents are filed for products that have the requisite market potential. Patents are guaranteed for a period of 20 years starting from the date of issue. After receiving a patent, the patented technologies are then developed into marketable products at 5 independent development centers worldwide. Each product is only developed at one center. Each center has all the requisite skills to bring any of the products to the market (a center works on one product at a time). On an average, Suffolk receives a patent every 4 months (with standard deviation of 4 months). The average development process lasts 14 months (with standard deviation of 28 months). What is the average utilization of Suffolk Analytics’ development facilities?

Reference no: EM13963928

Questions Cloud

Research an open source software project : Describe the open source software and how it works. Discuss the role this open source software has in management information systems.
Research organizational benefits of using databases : Research organizational benefits of using databases and DBMS's. Respond to the following statements. Include your research and personal experiences as part of your answers. Discuss at least two reasons organizations use databases and DBMS's. Discuss ..
The key driver of m-commerce in all markets : The key driver of m-commerce in all markets is
Explain what mobile devices : Explain what mobile devices are and why mobile systems are important. Give examples of mobile devices and name a mobile device you use and why you use it.
Markets innovative consumer electronics products : Suffolk Analytics Inc. is a Fortune500 company that develops and markets innovative consumer electronics products. The development process proceeds as follows. What is the average utilization of Suffolk Analytics’ development facilities?
Creates high morale and interest in upward mobility : As Manager of Staffing for your organization (or a former employer), you are responsible for filling open positions by seeking highly qualified internal candidates before you turn to external sourcing. Please create an Internal Recruitment System tha..
The highest use of mobile phones during shopping : The highest use of mobile phones during shopping is to
What is the yield to maturity : Consider a coupon bond that has a par value of $1,200 and a coupon rate of 5 %. The bond is currently selling for $1,200.00 and has 2 years to maturity. What is the bond's yield to maturity (YTM)? What is the Yield to Maturity?
How easy is it to use ebay : How easy is it to use ebay? What makes it easy or not so easy? Try to think of some criticisms. Does the website (ebay) have an ‘accessibility' statement? What does it cover?

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what factors are organizations using to render

Illustrate what factors are organizations using to render non-traditional inducements also seem as family friendly organization.

  Choose the type of forecasting technique

Choose the type of forecasting technique (survey, Delphi, averaging, seasonal, naive, trend, or associative) that would be most appropriate for predicting

  Balancing the interests of shareholders and stakeholders

Find a stock owned organization whose web site mentions corporate governance (search “corporate governance at”). How does the organization appear to ensure that the organization’s goals are aligned with the those of the shareholders? Are stakeholders..

  Describe why is it important to understand the cultural

discuss the nature of social and labor issues that domestic manufacturers will likely face with their international

  Step assembly operation with quality problems

Consider the following four-step assembly operation with quality problems. The first resource has a processing time of 5 minutes per unit and one employee doing the operation. For every unit of demand, how many units have to flow through the second s..

  Real-time information concerning logistics performance

What do you think are the difficulties faced by companies such as Gillette Group and Guinness in developing measurement systems that provide real-time information concerning logistics performance? (Consider the Guinness example of measuring on-time d..

  Successful aviation safety system management

This paper must fulfill the requirements listed in the attached proposal. The paper must use creditable sources from the Federal Aviation Administration (FAA) and the International Civil Aviation Organization (ICAO) to include cited regulations an..

  How do you use the ryley theorem

How do you use the Ryley theorem in the case of an out-of-control DOODLEBUG business to manage the output?

  Determine the schedule of courses that jake should take

Formulate a linear program to determine the schedule of courses that Jake should take in order to graduate as fast as possible.

  What are the pros and cons of updating the product design

What are the pros and cons of updating the product design based on incrementalism? Besides the iPod, identify at least two products that use this approach for product design

  Describe the assessment you used to analyze your skills

Describe the assessment you used to analyze your skills. Discuss your communication gaps. Describe any additional training you need in specific areas of communication.

  Determine the cost recovery deduction

Bonnie purchased a new business asset (five-year property) on March 10, 2013, at a cost of $30,000. She also purchased a new business asset (seven-year property) on November 20, 2013, at a cost of $13,000. Bonnie did not elect to expense either of th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd