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You are the manager of a widget factory. Production of a widget is currently a two-stage process. The first stage (cutting and planing) takes 3 minutes per unit of input. The output of the first stage is then finished in the second stage, which takes 4 minutes. Assume demand is very high, and all of production can be sold at a margin (over costs) of $3.00 per unit. Sam the supervisor is proposing an upgrade to an NC (numerical control) machine that can flexibly do all these tasks (cutting, planing and finishing); moreover, this machine will take just 5 minutes to produce one unit of a widget. Discuss whether or not you would accept Sam’s proposal. Be sure to carefully explain why, in no more than 50 words.
Assume that a company near you wanted to expand into foreign markets. What issues should that company explore before deciding whether
A process that produces computer chips has a mean of .035 defective chip and a standard deviation of .0025 chip. The allowable variation is from .03 to .05 defect. compute the capability ratio (Cp) and comment on its value.
Manager has determined that if 2 additional barbers are hired, shop can accommodate 80 customers per day. Illustrate what are design and effective capacities for barber shop.
What started the decision-making process that led to the overhaul of Walmart's U.S. stores? What common errors in decision-making could thwart the success of Project Impact?
in a 250-300 word response describe a conflict situation you have experienced in the workplace. explain the impact that
Jones Company is considering two different processes for making its product Process A has annual fixed cost of $150,000 and variable cost of $15.00 per unit of output. Process B has annual fixed cost of $250,000 and variable cost of $10.00 per unit o..
Describe the global standardization--local adaptation debate. What are the drivers for globalization and for adaptation? 250 word Explaination.
Financial statements are prepared using generally accepted accounting principles (GAAP). What group is responsible for establishing these principles, and what goals guide their formulation
What factors influence the choice of evaluation design? Which of these factors would have the greatest influence on your choice of an evaluation design? Which would have the smallest influence? Explain your choices.
Last week employees at Renee's Fashions worked 360 hours to produce 128 garments. Of these, 8 were seconds which were sold at the outlet store for $90 each. The remaining 120 garments were sold to retail distribution for $120 each. What was the la..
Student tuition at Boehring University is ?$180 per semester credit hour. The state supplements school revenue by ?$70 per semester credit hour. Average class size for a typical 3-creditcourse is 60 students. The multifactor productivity ratio with t..
Of the " four functions of management", which is most critical to ensuring organization success? You are expected to discuss each one in some detail and then select and defend your selection.
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