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1. An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest takes .3 minute. The line will operate for 480 minutes per day.
a. What are the maximum and minimum cycle times?b. How much daily output will be achieved by each of those cycle times?
2. In Problem 5, suppose the line is balanced using 10 workstations and a finished product can be produced every 4.2 minutes.
a. What is the production rate in units per day?b. What is the assembly line efficiency?
1. david smith must decide whether to start a business renting beach umbrellas at an ocean resort during june july and
At several universities and colleges, business professors receive higher salaries than professors in others fields. Why might this be the case?
Illustrate the deadweight loss from charging a $10 admission fee. Explain why charging $10 is inefficient, and calculate the size of the deadweight loss.
Is it possible for the government to target the money supply over the longer term without targeting the PSNCR?
1.What is meant by the principal agent problem? Give two examples of this problem that you havecome across in your own experience.
Some companies base promotions solely on seniority. Discuss the negative and positive aspects of such a policy. How would you expect a large increase in the minimum wage to affect the pay package offered by employers?
The Ski Pro Corporation, which produces and sells to wholesalers a highly successful line of water skis, has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis.
What are the expected consequences of this new system? What are the likely outcomes? What are the pros and cons of the new system?
One of the reasons Joseph Schumpeter argued that capital was doomed was because he predicted that big corporations would naturally shift away from risk-taking entrepreneurship in favor of low-risk managerial strategies.Has this happened?
weston industrial manufacturing products wimp has the capability to produce a variety of industrial products including
What is your expected pretax economic profit from your proposed agency? Complete the following table using your understanding of the relationship among the various costs.
Write a note on managerial decision-making under perfect information, risk, uncertainty and What are the limitations of opportunity cost, Analysis.
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