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Using the assembly-line balancing procedure, what is the required cycle time in minutes per unit if the daily production time is 480 minutes and the required daily output is 50 units?
Illustrate what level of safety stock is appropriate if lead time demand is normally distributed with a mean of 80 cases and a standard deviation of 5 cases.
In service industries that require extensive knowledge and training on the part of the service provider (e.g. medicine), which is the least viable way of dealing with demand variability and perishable capacity?
Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $38,000 but the book value is $32,000.
In addition to obvious negative effects of illegitimate political behaviour on victims, such as those described in above case, illustrate what might be some negative effects on perpetrators.
How would you evaluate the implementation of customer service in each store? Compare them based on criteria that you develop.
Compute also interpret decision maker A's risk premium for a payoff of $50 000. Explain why don't decision makers A also B select the same decision alternative.
Based on these data, assuming that the sample was a simple random sample, construct and interpret a 95% confidence interval estimate for the true proportion in the population of all drivers who are annoyed by cell phone users.
Document three types of cost and determine which is the most difficult to control. Support your response and identify a method(s) that would enable you to overcome the difficulty.
Discuss the strategic importance of information.
What is the recommended order quantity and what are the annual savings of your inventory policy over the policy currently being used by ShoeCo?
The work center makes products in batches ranging from one unit to one hundred units. Assuming capacity is not a limitation on either machine, on which batches should machine B be used.
What is the impact to quality What is the impact to the schedule Prepare a two page executive summary of your finding, not to exceed 500 words, addressing the key points of your research.
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