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A process has a cycle time of 10 minutes. The throughput time is 10 hours. If the throughput time is reduced to 5 hours without changing the cycle time, what is the change in inventory (as a percentage)?
A bilateral contract is a promise for a promise. Under the UCC Rule 2-207 for the sale of goods when a contract is made by the exchange of forms, when the acceptance form has terms additional to or different from the offer: Browse wrap agreements are..
The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 31 percent of its business on Friday night, 25 percent on Saturday night, and 18 percent on Thursday night. What seasonal relatives would desc..
You are in charge of developing a system to perform high-volume, repetitive processing of HMO group health insurance claims. Each claim must undergo 4 separate processing steps. Step 1 takes on average 85 seconds to complete. Step 2 takes on average ..
Calculate the monthly usage index for each month. Use simple linear regression to forecast total usage of pallets for year 5. Forecast the seasonally adjusted usage for pallets for each month in year 5.
John is a 24 year old retail employee. John loses his job. He actively seeks work for many months as his savings dwindle and his unemployment insurance benefits are exhausted. In order to avoid eviction, John borrows $1,000 from the local CashFast gr..
Read the “Ethical Challenge” on page 85 of the textbook. Based on this and the additional concepts presented in Chapters 1 and 2, discuss why you are either in favor of, or opposed to, NAFTA.
The initial contract was signed on January 5, 2010 in the amount of $1,000,000. This amount included $800,000 for construction costs, $150,000 for overhead mark-up, and $50,000 for profit markup. The contractor broke ground on February 4, 2010. Calcu..
An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents.
The federal government uses many techniques to ensure that multiple high officials are not exposed to the same vulnerabilities at the same time. For example, the president and the vice-president would be taken to separate safe areas in the event of a..
This is a mail-order business for kitchen equipment. Annual demand for its best seller item is 25,000 units. This best seller item is sold at $350/unit, including shipping and handling. Can you explain how the Actual Order Quantity (Q) is calculated?..
What challenges have managers faced in terms of managing human resoucres? How do managers at some technology companies recruit experienced hires?
Illustrate what is a vehicle for communicating proprietary information with authorized users outside organizational boundaries.
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