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Mrs. Moody sells cookies that she bakes in her kitchen and gives the profits to charities. She sells two types of cookies - regular chocolate chip and extra chocolate chip. To bake a pound of regular chocolate chip cookies, she uses two eggs, 0.15 lbs. of chocolate chips, 0.20 lbs. of sugar, 0.40 lbs. of butter, and 0.25 lbs. of flour. To bake a pound of extra chocolate chip cookies, she uses two eggs, 0.25 lbs. of chocolate chips, 0.15 lbs. of sugar, 0.35 lbs. of butter, and 0.25 lbs. of flour. She makes a $7 profit on a pound of regular chocolate chip cookies and $9 profit on extra chocolate chip cookies. She purchased six dozen (72) eggs, eight lbs. of chocolate chips, seven lbs. of sugar, 15 lbs. of butter, and 10 lbs of flour. How much should she bake of each type of cookie to maximize her profit?
Discuss customer service level for an inventory system within the context of quality management.
Evaluate upper also lower control limits which will comprise roughly 97 percent of sample means when process is in control.
The fixed costs for the machine is $16,000, and its variable cost is $4.50 per unit. ABC charges $8.50 to balance one wheel, the break-even point for the balancer. What is her break-even point in units?
Based in text, explain types of communication. How are se related to successful organizational communication both internally also externally.
Construct a base-case spreadsheet model to help analyze different order quantities. The primary output of interest is the total annual inventory-related cost, comprising total ordering cost and total holding cost.
Identify at least one metric to measure the process. Submit your flowchart for the process. Begin collecting data for the identified metric every day of the workweek. You must submit the data collected at the end of each week.
Although ERP (Enterprise Resource Planning) Systems are a great concept. Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired.
Formulate a balanced transhipment problem (draw the transportation tableau) which can be used to minimize the shipping costs incurred in meeting consumers' demands. Solve the problem by utilizing QM for Windows.
The time to perform the first instance of a task is 6 hours. How much time will it take to perform the 5th repetition if the learning rate is 80%?
First Virgin actively seeks business proposals from the public via its Web site. "If you have a fantastic idea for us, then were all ears! Were always on the lookout for fresh ideas to improve our current companies and to create brand new ones."An..
What is sustainable marketing? Explain how the sustainable marketing concept differs from the marketing concept and the societal marketing concept.
If the company had an option to buy the same part at $2 per unit, what would be the break -even number of units?
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