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Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternatives Favourable Market Unfavourable Market Build large plant 400,000 -200,000 Build small plant 120,000 20,000 don't Build 0 0 Market Probability 0.30 0.70 to maximize the return, Karen's decision should be to ______________ (don't build, build large plant, build small plant)
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Describe the advantages and disadvantages of the various methods of data collection.
Question 1 Shortage costs are precise and easy to measure. Question 2 Savings from reduced inventory results in increased profit. Question 3 Using the probability approach we
What is a capacity cushion and why would a firm have one?
outline major benefits of organizational goals and describe the situation in which have observe the benefiys
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Some information about the toyota-production-system-principle just in case
Given this information: Lead-time demand = 630 pounds Standard deviation of lead time demand = 40 pounds (Assume normality.) Acceptable stockout risk during lead time = 4
Give your assessment of the requirements for Cuba to develop a free and independent trade union. Determine if it is essential for a free society. Assess the strategy of Wal-Mart
location analysis on expanding manufacturing plant
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