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"This should be a simple issue. You know that our average weekly sales are $2,000 and the flow time is one day. Surely with this information, you should have no prob- lem maintaining an inventory level of $200 to serve the sales." With these words, the director of finance leaves your office. Now, you have a challenge before you-that of determining whether the analysis carried out by the director makes sense.
a. Using Little's Law, determine anticipated flow time and compare it with the expected flow time.
b. Keeping the flow times and throughputs constant, determine if the process as currently described can be supported by $200 of inventory. If not, what options should you consider?
Determine the company's resources, capabilities, and core competencies. Analyze the company's value chain to determine where they can create value using the resources, capabilities, and core competencies discussed above.
The grand strategy in which the firm directs its resources to the profitable growth of a single product, in a single market and with a single technology is termed
How do managers generally describe organizational authority?
If productivity can be increased to 0.11 vans per hour, how many hours would the average laborer work that month ?
Pat Maggard needs to purchase a new milling machine. She is considering two different competing machines. Milling Machine A will cost $300,000, and will return $80,000 per year for six years, with no salvage value. Milling machine B will cost $220,00..
For the cost data shown below, reduce the project completion time by three weeks. Assume a linear cost per week shortened, and show, step by step, how you arrived at your schedule.
Explain whether the leader's style is transactional or transformational. What type of leadership characteristics does the leader demonstrate. What aspects of servant leadership does the leader exhibit.
Shunt resistors are commonly used to measure current in power circuits, by producing a small voltage drop in direct proportion to the circuit current.
Agile project teams are typically co-located. Why is this so important to an agile project and what does it facilitate on an agile project?
George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children.
The organizational behavior 15th edition book offers descriptions of variable pay methods and discusses flexible benefits as motivators. As engineers, most of us will be salaried, but the compensation (pay raises, bonuses) will be done by one of the ..
Define organization development and why it is relevant to an organization in today's marketplace.
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