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Quantitative methods can help managers evaluate al-ternative sales and operations plans on the basis of cost. These methods require cost estimates for each of the controllable variables, such as overtime, subcontract-ing, hiring, firing, and inventory investment. Say that the existing workforce is made up of 10,000 workers, each having skills valued at $40,000 per year. The plan calls for "creating alternative career opportunities"-in other words, laying off 500 employees. List the types of costs incurred when employees are laid off, and make a rough estimate of the length of time required for payroll savings to recover restructuring costs. If business is expected to improve in one year, are layoffs financially justified? What costs are incurred in a layoff that are difficult to estimate in monetary terms?
If you will save $1,000 for each day which the earliest completion time is reduced, which action, if any, would you choose. Illustrate what is the probability which the project will take more than 30 days to complete.
Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of Mcdonald's
Assessing the impact of different management styles on the motivation and productivity of employees best illustrates the professional concerns of what?
If 100 units of A are requisite d in Week 10, develop MRP planning schedule, specifying when items are to be ordered also received. There are presently no units of inventory on hand.
One of the most important aspects of managing risk for a project is to accurately define the size of the project. Determine the criteria that must be considered to perform the project sizing and create one conditional factor with rationale.
Assuming which each component of the system has the same reliability, illustrate what is the minimum reliability each one must have for the overall system to have a reliability of .98?
Compute a five and seven month moving average for the last 5 months of historical data (months 8 thru 12)
A study-aid desk staffed by a graduate student has been established to answer students' questions and help in working problems in your OSCM course.
After receiving some complaints from the readers, a university newspaper decides to redesign its front page. Two new formats, B and C, were developed and tested against the current format, A.
Describe a net-change system. It is usually run at the beginning of each month. The basic production plan is modified to reflect changes as they occur. It is used to authorize the execution of planned orders.
Formulate this problem as an LP model in a spreadsheet and solve using Solver. How many dehumidifiers should be built in Atlanta, next month? How many in Phoenix?
The Quick Copy center for document copying is deciding where to locate a new facility. The annual fixed also variable prices for each site it is considering have been estimated
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