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Your boss has just come to you and told you that your company is now going in the direction of lean manufacturing so they can cut down on waste in the production process. Hearing this news, you realize you need to research lean manufacturing to determine what your company is doing.
What is lean manufacturing? Provide examples of companies using lean manufacturing and how it benefits them.
What are the requirements for balancing JIT (just in time) and lean systems?
Are any employees affected if a company decides to switch to a lean system? If so which ones and why?
Is lean manufacturing a push or pull system? Explain.
the Chair sampled 500 final grades from last yr for each instructor also computed the number of failures per instructor as 13, 11, and 0 also 16 respectively. Compute the upper also lower standard control limits for this chart.
Briefly explain the results of a What-If analysis
List three opportunities and three threats that could represent key factors facing your college or university. Briefly state your view of what institution should do in light of these factors.
A bond has a face value of $1,000, is redeemable in eight years, and pay interest of $100 at the end of each of the eight years. if the bond can be purchased for $981
Document three types of cost and determine which is the most difficult to control. Support your response and identify a method(s) that would enable you to overcome the difficulty.
A seasonal index for a monthly series is about to be calculated on the basis of the past four years' accumulation of data. the four previous July values were 110, 135, 125, and 130.
Develop a linear programming model that will enable HTS to allocate technician time between regular customers and new customers.
A company is criticized because only 16 of 46 executives at a local branch are women. The company explains that although this proportion is lower than it might wish
Explain the therory that seems most appropriate to the situation.
The carrying cost is $20 per product per month. Inventory on hand at beginning of month 1 is 25. Develop an algebraic formulation of the production planning problem.
What are the pros and cons of bureaucratic controls such as rules, procedures, and supervision? Should all organizations use bureaucratic controls? Why or Why Not?
What is meant by mass customization? How can market conditions and consumer desires affect customization?
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