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Consider this situation: Joseph had an idea that he could speed up a floor buffing machine by putting a different motor on it. After about 25 tries he was able to make a buffer run much faster with a new motor and started his own company. Other companies began making competing products that were similar to Josephâ€TMs design, but they were unable to improve their designs as fast as Joseph. Why might this be the case?
The distances in miles from the waiting taxis to the customers are given in the subsequent table. Find out the optimal assignment of taxis to customers so as to minimize total driving distances to the customers.
Each year firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance also cost of capital, amount to $5 per unit of average inventory. Illustrate what is annual cost for ordering item X.
Explain why do inventories cost so much to maintain. Give some examples of explain how cost is associated with carrying an inventory. Is re anything we can do to lower this cost and if so, illustrate what.
The insurance organization processes thousands of these forms each day also due to the high cost of inspecting each form, only a small representative sample of 300 was collected each day. Compute the upper also lower control limits for the chart.
You are planning to introduce 3 Lines of products. What positioning strategy you will consider so that the target market should buy the products.
Questionnaires and surveys are well established techniques for assessing project risk. Briargrove has been a learning process to this point.
illustrate what percentage of American families will live in an urban area. Illustrate what problems might occur if this model were used to predict the future population distribution of the United States.
Describe organizational structure of your selected organization, and then compare also contrast it with two different organizational structures.
Explain how are the mean activity times and activity variances computed in probabilistic CPM/PERT analysis.
Identify some of the key processes that need improvement in your organization associated with the following: sales, marketing, customer service, supply chain management
Elucidate what is the theoretical minimum for the smallest number of workstations which Helms can achieve in this assembly line.
Identify the variables for which you would need values to be able to calculate an actual forecast for a future month (using the forecasting method you selected).
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