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A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit. If the process makes one unit each hour on average and each unit is worth $1,500, what is the reduction in work in process value?
Stan Fawcett's company is considering producing a gear assembly that it now purchases from Salt Lake Supply, Inc. Salt Lake Supply charges $4 per unit with a minimum order of 3000 units
Using the stakeholder analysis template for a company that you are familiar with, determine the key stakeholder, and categorize them by their attude, power and interest dimensions.
What is the role of safety stock in an MRP system?
A middle-management corporate refugee desiring a business of her own after frustration with bureaucratic red tape.
Acting as supervisor for a company of your choice, draft two examples of formal company e-mails to employees.
Safety regulations require that the time between airplane takeoffs (on the same runway) will be at least 3 minutes. When taking off, the run time of an airplane on the runway is 45 seconds. Planes are on average waiting 4 minutes and 15 seconds fo..
Calculate the average number in the queue, average number in the system, average time in the queue, average time in the system, the system utilization rate, and the probability that the system is empty.
Evaluate two (2) key changes in J.C. Penney's management's style from the company's inception to the current day. Indicate whether or not you believe the company is properly managed today.
Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,000; winter, 8,000; spring, 7,000; summer, 12,000.
Making Framework, a firm should consider the impact of its actions on groups such as its employees, retirees, suppliers, customers
Companies that do business with customers in developing nations that lack access to hard currencies are likely to make extensive use of:
Research on the Internet the published financial statements for one public corporation for the most recent two fiscal years. Identify and calculate the four financial ratios you think are most important for this company.
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