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Which of the following statements concerning resource flexibility is best?
a. Investment in general-purpose equipment is warranted if the firm expects to sell more than the break-even amount.
b. Resource flexibility is crucial for line-flow processing.
c. Manufacturing efficiency increases with general-purpose equipment.
d. Flexible equipment is useful to companies with low production volumes and high customization
A local fast-food restaurant processes several customer orders at once. Services clerks cross paths, sometimes nearly colliding, while they trace different paths to fill customer orders
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Midway through the project your design and production people realize that a 75 percent improvement curve is more appropriate
What is the CW, when i=10% per year, of $1500 per year, starting in year one and continuing forever: and $10,000 in year five, repeating every four years thereafter, and continuing forever?
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In this instance, you can narrow the set of choices, but you probably wouldn't make a recommendation without an additional piece of information. Explain the logic of the laststatement.
Determine optimal weekly production schedule for MVC. Illustrate what is optimal weekly profit. Illustrate what is minimum price that would justify producing plus model. Explain.
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