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a manufacturer of motorcycles buys spark plugs at Rs.15 each. now he wishes to manufacture the plugs in his own factory. the estimated cost for the manufacture of spark plugs is around Rs.50,000=00 and the variable cost comes to Rs.5 per spark plug. the production manger advises the manufacturer that the factory should go for manufacturing instead of procuring them from the open market.list out reasons for the decision of the production manager backed up by the necessary data.
Identify a process that your encounter on a daily basis, such as a lunch cafeteria or the journey from your home to school/work.
Assuming the retailer's order interval is one week and lead time is same as 2 days. The average on-hand inventory is 5 items at the end of each week. Decide the order quantities using fixed order interval model.
Describe Mary's optimal decision strategy also its possible consequences utilizing the decision tree below. Do not forget to discuss the risks associated with the optimal decision strategy.
By way, this is explain how credit cards work y give you money today also you give m back A LOT MORE tomorrow. So, isn't it amazing explain how many people never see that 2 Mars Bar tomorrow is better than 1 today.
A marketing manager has three new product offerings to the marketplace: organic salad dressing, personal retirement software,
what are the three main staffing strategies for international business? Which strategy becomes more popular now for global organizations and why?
Decide the number of employees that would be needed. The ice cream sales record for the past 12 quarters is provided in a table below. To assist her with her plans, develop the following forecasting models.
What is the efficiency rating of the current operation? If the company decides to use only one container, how many parts must it hold?
There is no length requirement for these questions. Elucidate how does technology transform information in P/OM. Does technology play a role in job design.
Graph the constraints for this problem. Indicate all feasible solutions. Find out the optimal solution to LP Relaxation. Round down to find out a feasible integer solution. Is this solution optimal?
Discuss the many costs that businesses face today. Is it always practical to test new ideas via a 'real life' study - with participants, facilities, etc? If not, how can a simulation be utilized to test ideas while keeping costs manageable?
a manufacturer makes two products, windows and doors. Each must be processed through two work areas. Work are #1 has 48 hours of available production time.
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