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A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production; one would have an annual fixed cost of $168,298 and a variable cost of $5 per unit, and the other would have an annual fixed cost of $195,667 and a variable cost of $4 per unit. Determine the range of annual volume for which each of the alternatives would be best. (Round your answer to the nearest whole number.) For annual volume less than _____?____, _____?____ (Answer for second blank can be these three options: Purchase from vendor, Production in the house at $4 a unit, Production in the house at $5 a unit) is best. For larger quantities, best to produce in house at $_______?_____ per unit.
The Toys-R-4-U Company has developed two new toys for possible inclusion in its product line. Setting up the production facilities to begin production would cost $50,000 for toy 1
Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful measure for an operations manager? Why?
"Big Box" Please respond to the following: •From the video, determine if it is the responsibility of an organization to pay its workers a "living wage." Explain your rationale. •Fr
Business-level, Corporate-level, and International Strategies Using the Internet, research about the following: • Globalization • International strategic alliances • Co
(CPG Bagels) CPG Bagels starts the day with a large production run of bagels. Throughout the morning, additional bagels are produced as needed. The last bake is completed at 3 p
Given forecast errors of 5, 0, - 4, and 3, what is the bias?
What are the advantages of using single sourcing strategies? Advantages of using Single sourcing: a. Simple to keep relations along with only one supplier b. Simple to
Global Supply Chain Issues Global supply chains bring problems of their own. As companies begin to apply organisational efficiencies achieved in their home markets to oversea
X-Print Manufacturing makes laser printers. One plant assembles the PL-4000 model. Standards indicate that one worker can assemble five printers per day. This model costs about $35
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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