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A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0.04. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 50 units per hour. The hourly rate including fringe benefits for this position is $9. If the inspection position is eliminated, defects will go into product assembly and will have to be replaced later at a cost of $10 each when they are detected in final product testing.? a)Should this inspection position be eliminated. b)What is the cosst to inspect each unit? c)Is there benefit (or loss) from the current inspection process? How much?
Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price?
Discuss pressures for local responsiveness also global integration faced by each firm. Which experiences greater pull toward local responsiveness. Explain why. Which faces a greater need for global standardization.
Analyze the various stages in the strategy development and planning processes. Assess external opportunities, threats, and internal organizational capabilities.
Average demand for a particular item is 1,200 units per year. It costs $100 to place an order for this item, and it costs $24 to hold one unit of this item in inventory for one year. If the fixed-order-interval model is chosen in this instance, how o..
Define this term about the general environment: socio cultural dimension. Explain how a company has been impacted by the social cultural aspect of society?
When managing your accounts payable, as a small business owner you should:
During an 8-hour day, how many minutes does an assistant spend at the copier? How much of this time is waiting time? Should management consider purchasing a second copier? Explain.
Which of the following is not a marketing goal in the goal setting stage of the strategic management process?
Instructions: With the data (age students in the course MANA 115) draw a histogram. Use the Rule Sturges to find the number of classes (intervals) that will have the histogram. In his work must include a table where indicated intervals, frequency, cu..
Explain some of the group decision-making challenges the team may experience and recommend ways to overcome them.
In a traditionally structured organization, the plans and goals that affect the entire organization are made by _____________ Randy Root Beer brand, best known for high-end raspberry root beer, offers consumers unique products that customers value an..
If you decide to use equity financing, where would you find equity financing? What should you be aware of when using equity financing?
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