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A supermarket has requested a textile-manufacturer to produce shirts and jackets. For materials, the manufacturer has 750 m2 of cotton textile and 1,000 m2 of polyester. Every shirt needs 1 m2 of cotton and 2 m2 of polyester. Every jacket needs 1.5 m2 of cotton and 1 m2 of polyester. The price of a shirt is fixed at $50 and the jacket, $40. What is the number of shirts and jackets that the manufacturer must give to the supermarket so that these items obtain a maximum sale?
Are quality management practices similar in manufacturing and service companies? How do they differ? Explain your answers.
Each year firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance also cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more items X, it costs ..
How long is the line, and how much time do students spend waiting, on average?
Assume that you are part of a research team examining work groups in organization to determine factors that enhance or inhibit group productivity.
managers can mitigate some of the effects of worker stress by judiciously using safety stocks and emphasizing material flows rather than worker pace.
a. Calculate the expected average flow time. b. What changes would you recommend to meet the goal of processing a returned video within 6 hours?
How does Boeing achieve a cash cycle of negative 100 days? based on pg 597 of Principles of Corporate Finance. RESPONSE MUST BE half to one whole page. People seem to answer this with a background of the company.
Use EPQ to calculate the the order quantity? What is the total annual inventory cost of the EPQ plan?
Profits for regular soft drink are $3.00 per case, and profits for diet soft drink are $2.00 per case. What is the time constraint?
What is government's role with regard to Compensation in the U.S.? How are annual Compensation budgets developed in your company? If you don't know ask your manager or HR person.
Describe the purpose of a training needs analysis. How can a training needs analysis help a business become more of a "learning" organization?
Explain the role of an ethic officer as a specialized managerial position.
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