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Vera source Microprocessor Corporation (VMC) sells 2,000 specialized microprocessor chips each month at a price of $1,500 each. Variable costs amount to $1,500,000, and fixed costs are $500,000. Currently the company has a defect rate of 8 percent (which are chips returned by customers, scrapped by VMC, and replaced). Note that the variable costs include the cost of producing the defective chips. a. What is the hidden cost to the company of making this rate of defectives instead of 2,000 good chips each month? b. Suppose a Six Sigma effort can reduce the defects to a six-sigma level (assume for simplicity that the defective rate is essentially zero). What is the impact on profitability?
Choose the pitfalls in strategic planning that management in an organization should watch out for, or avoid. Identify at least three pitfalls.
Determine the hourly capacity of each process stage and the number of machines needed to meet an output rate of 20,000 units per hour. How does facility layout impact your numerical analysis and process efficiency? Explain.
Analyze and evaluate the employment-at-will doctrine and exceptions, as well as the protections afforded whistleblowers. Explore the legal and ethical issues surrounding employee and consumer privacy.
1.construct a process flow chart showing times and all flows using all the activities below invent any extra
Corruption and bribery are common in some countries. Would you avoid locating in such a country, or locate there and deal with it? If the latter, how would you deal with it?
q1. how do service providers with which you are familiar manage queues? how effective have they been at managing
Provides background information What is the thesis or main idea of the case study?What are the relevant key points about the organization?
Write a brief report outlining and describing the issues your company must consider regarding each of the following environmental areas: economic, social-cultural, technological, and political-legal.
The process by which organizations move from their present state to some desired future state is called
Compare and contrast between make-to-stock and make-to-order systems. In your comparison, why does each system require different types of contracts
Stoneware Pottery Company wants to determine how many bowls and mugs should be produced per day in order to maximize profit given the labor and material constraints.What is the optimal solution?
In the following situations, two parties claim the same goods. Discuss who is most likely to prevail in each circumstance. Explain the basis for your response. Olan steals Phil’s television set and sells it to Quincy, an innocent purchaser, for value..
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