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Given the following data for Albert's fabricating production area: Fixed costs for one shift = $60,000 Unit variable cost = $7 Selling price = $12 Number of machines = 5 Number of working days in year = 340 Processing time per unit = 40 minutes a. What is the annual capacity with a single 8-hour shift? b. What is the capacity with two shifts? c. What is the break-even volume with a single-shift operation? Using Equation 2.1 d. What is the maximum revenue with a single shift? e. What is the break-even volume with a two-shift operation? Using Equation 2.1
This solution explains some of the risks that are inherent with doing business in China. For many global companies, China represents a highly attractive market in terms of size and growth rate.
Given the EOQ, explain how many orders would be made each year. Illustrate what would be the annual order cost. Illustrate what is the time between orders.
A company is deciding if it should do design of a product in-house or outsource the design. If outsourced the cost for a low bidder would be $40,000 and the cost for an expensive bidder $100,000.
How much safety inventory does the store carry? what service level does Sam's club achive as a result of this policy?
A manufacturer of industrial sales has production capacity of 1,000 units per day. Currently, the firm sells production capacity for $10 per unit.
Develop, in equation form, linear programming model that will determine the optimal number of pickup trucks and moving vans Bay City Movers should purchase.
There is no length requirement for these questions. Elucidate how does technology transform information in P/OM. Does technology play a role in job design.
Current stock price is $50.50 per share. If dividend is projected to grow at 3.5% annually, illustrate what is expected return on Northern States stock.
What is the purpose of the research design? What are basic research design issues? What are the main sorts of research design?
Suppose your boss asked you to develop a scheduling plan for a project. Describe what approach you would take also the steps you would follow to develop the plan.
Sufficient page count - a minimum of three pages, double-spaced, and in proper APA format. Brings clarity to issues being discussed relating issues to the textbook and scholarly sources
The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per chair is $40.
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