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An automobile brake supplier receives an average of 1,000 orders per week. An average of 500 orders are waiting to be processed.
a) What is the average time spent by each order waiting to be processed?
b) Assume that the orders coming in are either small or large. Small orders are for an average of $500 and large orders are for an average of $5,000; 20% of the orders coming in are large with the rest being small. Currently, no distinction is made between the large and small orders. As a result, 20% of the orders waiting to be processed are large.
Is it worth reallocating resources so that large orders wait an average of 0.3 weeks while small orders wait an average of 0.7 weeks before being processed?
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Managers like Janis Blancero face a more complicated decision when evaluating personal requests of employees versus evaluating employees individual work performance. Explain.
a) Construct the product structure tree for both fans and their component parts. b) Complete the MRP for the fans and their component parts.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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tan Fawcett's Corporation is considering producing a gear assembly which it now purchases from Salt Lake. Determine the number of units where either choice has the same cost.
From an organization/firm perspective, why are talent management, leadership, and change/renewal so critical in today's world?
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