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A manager of Paris Manufacturing, which produces computer hard drives, is planning to lease a new automated inspection system. The manager believes the new system will be more accurate than the current manual inspection process. The firm has had problems with hard drive defects in the past and the automated system should help catch these defects before the drives are shipped to the final assembly manufacturer. The relevant information follows. Current Manual Inspection System Annual fixed cost = $35,000 Inspection variable cost per unit = $15 per unit New Automated Inspection System Annual fixed cost = $165,000 Inspection variable cost per unit = $0.55 per unit Suppose annual demand is 8,000 units. Should the firm lease the new inspection system? (excel template)
A retailer experiences a seasonal demand pattern for its services. Labor requirements over a typical six-month period follow. Period 1 2 3 4 5 6 Requirement 7 8 9 11 12 7 Costs associated with operations are as follows: per worker Layoff cost = $1,50..
Compare and contrast the industrial organization (I/O) and resource-based views (RBV) on competitive advantage. -How does each develop a competitive advantage? What is their focus? What are their determinants of profitability?
Also, describe how it may be used as a technique to accommodate humans within the control systems, including managing and designing for human error and error tolerances. Provide at least one scenario to support your explanation.
Despite the frequency and cost of data security breaches, why do you think some companies do not consider securing customer data as high a priority as other risks to their data systems operations? If the government passed legislation regarding data b..
What are the proper steps (in your opinion) to take in order to embrace organizational change? You may not agree with the change that has been arranged for your organization, but what can you do to ease into the transition?
A hospital needs to determine the number of nursing FTEs it must employ. Based on analysis of their requirements they have determined that the estimated time is 9,500 minutes per day. Their target for utilization is 85%. Concerning these nurses they ..
Decompose the problem of designing a new barbecue grill. Try a functional decomposition as well as a decomposition based on the user interactions with the product.
Report On Implementing Customer Relationship Management By Rehabilitation Center
What would be the effect on the optimal solution if the production time on line 1 was reduced to 40 hrs? what would be the effect on the optimal solution if the profit for the product B was increased from $7 to $15? to $20?
The local Quick Burger fast food restaurant has a drivethrough window. Customers in cars arrive at the window at the rate of 10 per hour (Poisson distributed). It requires an average of four minutes (exponentially distributed) to take and fill an ..
Look up a recent article in the publications listed in question 2 above that addresses a firm's involvement in outsourcing (modular organization) or in strategic alliance or network organizations (virtual organization). Was the firm successful or uns..
Illustrate what growth strategy does live nation appear to be utilizing. Illustrate what competitive advantage do you think live nation has.
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