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A firm wishes to determine the efficiency and utilization of a work center coposed of 3 machines each working 16 hours per day for 5 days a week. A study undertaken by the materials management department found that over the past year the work center was available for work 12,000 hours, work was actually being done for 10,000 hours, and work was performed 11,480 standard hours. Calculate the utilization, efficiency, and demonstrated weekly capacity. Assume a 50-week year.
You have a lease on an oil and gas property with 87.5% NRI that delivers your firm annual profits of $400,000 for five years, with equal production in each year (you will need to t
Explain work study. Definition of Work Study: it, as defined by British Standard Institution, is a generic form for those techniques mainly 'Method Study' and 'Work Measureme
Pick a product that you believe would be beneficial for line extension. Justify your choice and discuss the strategy you would adopt for the new product
In selecting outside advisors, a board, consultants, and the like, what are the most important criteria?
There are many ways in which someone can gain access to employee data. Share some of those ways and how you would address them after the fact. How would you prevent them from occur
After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you thi
Given this information: Expected demand during lead time = 300 units Standard deviation of lead time demand = 30 units Determine each of the following, assuming that lead time dema
Why do RBOCs encounter more competition in urban areas than in rural areas? (Regional Bell Operating Companies) a. because RBOCs are more entrenched in urgan areas b. because
Johnson, Inc., a U.S.-based MNC, will need 10 million Thai baht on August 1. It is now May 1. Johnson has negotiated a non-deliverable forward contract with its bank. The reference
1. The monthly sales for Telco Batteries, Inc., were as follows: Month Sales Jan 20 Feb 21 Mar 15 Apr 14 May 13 Jun 16 Jul 17 Aug 18 Sep 20 Oct 20 Nov 21 Dec 23 a. Plot the m
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