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Boehm Compressors uses a lean production assembly line to make its compressors. In one assembly area, the demand is 100 parts per eight-hour day. It uses a container that holds eight parts. It typically takes about six hours to round-trip a container from one work center to the next and back again. It also desires to hold 15 percent safety stock of this part in the system.
a) How many containers should Boehm Compressors be using?
b) Calculate the maximum system inventory for this part.
c) If it reduced the number of containers by one, how would this impact the required round trip time, all else being constant?
Calculate market demand and market supply. How this affects golden rule of capital per worker and golden rule of savings rate in so low model and explain your results.
Jack and Mike harvest timber and sell it to local sawmills. Harvesting timber requires a special government permit. Jack and Mike have the only two permits and are therefore the only two producers of timber in this market. Harvested timber is a homog..
Spring is here, and Becky and her dad would like to go fishing for the weekend in Washington. Becky could either go to the river in town where anyone can fish without a permit, or she could drive up to a stream located on her family's property in the..
Consider the Harrod-Domar relationship for an economy: Assume that the depreciation rate is 0. A country can only save 15 percent but wants to grow 15 percent. Assuming the ICOR is 3, the gap of ____ should be provided by foreign aid.
If a donut shop earned $30,000 in total revenues per month with explicit costs of $15,000 and an opportunity costs of $9,000, what would my economic profit be?
Suppose a firm with net income of $524059 paid out $186302 in cash dividends.
1) Calculate the compound annual percent change in REAL GDP (chained dollars) from 2015 to 2017, using ANNUAL DATA.
What is Economic history of the world and who controls it?
Have no effect on equilibrium price and quantity. Reduce quantity demanded, but not shift demand curve. Which of following is unique to capitalist ideology.
A monopolistically competitive firm faces the following demand curve for its product: The firm has total fixed costs of $20 and a constant marginal cost of $5 per unit.
Suppose that the U. S. were involved in a trade dispute with the European Economic Community over tariffs which they had imposed on our goods. If we wished to impose a retaliatory tariff on their goods, would it be more effective to impose the tax on..
Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.
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