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Christopher's Cranks uses a machine that is designed to produce 100 cranks per hour. The firm operates eight hours per day, five days per week. Due to operating constraints (regularly scheduled preventive maintenance) the firm can only run the machine during approximately 95% of the available time. Based on experience and constraints with other products, the firm expects to achieve an efficiency level for the cranks of 85%.
Calculate the future value of 2,000 in 1. 5 years at an interest rate of 6% per year 2. 10 years at an interest rate of 6% per year 3. 5 years at an interest rate of 7% pe
What do Klein Felds efforts at Siemens tell you about the difficulties of restructuring organizations?
Question 1: (a) Explain what you understand by supply chain management. (b) An important decision facing most purchasing managers is whether to source each individual produc
Factory is a bathtub with 50 gallons capacity, drain is outlet to market and can output 3 gallons per hour. Faucet is raw material input and allows materials in at a rate of 4 gall
Frame relay is a technology that does no error control. If a frame arrives garbled, it is dropped and frame relay does not inform the transmitter. Is this a reasonable approach?
How can situational approaches to leadership integrate goals to increase the effectiveness of your organization?
You are currently an intern working for the largest law firm in Alabama. Your mentor and senior attorney introduces you to a new client, Dick Jefferson, the owner of House Doctor,
Answer the following questions: 1. What are the pros and cons of an airline implementing a policy that heavier customers need to buy a second seat? Research an airline and provi
Discuss why organizations need to have the correct performance metrics to drive quality. Think of examples in the news and their outcomes.
1. Think of four different processes by which a bank might supply its customers with cash on demand. Answer: Examples: over-the-counter at branches, by ATM dispensers in shoppin
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