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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.
After completing your program in the University, you would want to establish your own business. Relate your choice of business to any of the types of operation layout systems
Suppose you are the CEO of a growing fast food company, specializing in hamburgers. You are interested in expanding your business into new domains. What are some strategies that yo
Q. Define the role of supply networks. The role of supply networks is defined as given below: a. To assist the corporate and competitive strategy b. Speed up ordering, pa
How to find the total distance using Euclidean distance formula
compare between traditional and value driven approach
A cleaning company uses $10 of chemicals, $40 of labour, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company had decided to increase its u
What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually ?
Which of the following is a criterion used for selecting a target segment? Potential for increased profit Similarity of needs of potential buyers within a segment Differen
Why do firms segment consumer markets?
Question 1: Describe how ERP systems can achieve business integration Analysis of conventional company information systems with respect to ERP packages examples con
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