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A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be supplied. Each good part sold will yield $30,000. However, if fewer than 4 good parts are produced, none will be purchased. The probability of an individual part being acceptable to the customer is .80. Determine the optimum batch production quantity given that the job shop has agreed to supply the formed parts. Is the situation a profitable one for the job shop? If not, how must the selling price be changed for the expected profit to be positive?
What are some of the measures that governments can take to deter, detect, and prevent terrorists organized in small groups, bunch of guys (BOG) groups, cellular organizations, or a
Evaluate the effectiveness of the changes made in the US Air Force Academy after the 2005 religious intolerance complaints
Explain to a new project manager how you ensure that all steps in project completion have been finalized
rules of variety management
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III. For Cas
Problem 3-5 A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80
I need to find the schedule and cost variances for a project Actual cost at month 16 = $540,000 Scheduled cost = $523,000 Earned value = $535,000 Provided this information,
Describe the term grievancein in brifefy. A grievance may be: (i) Stated or unvoiced by the worker, (ii) Written or unwritten, and a ridiculous or valid, and may arise ou
How does a product life cycle differ from a product life cycle?
I want some project about travel chart.
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