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A firm is engaged in entering data using web-based software. The job is to enter data from a type of form. The firm gets taka 21.00 for each of the entered forms' data. There are 10 working hours in a day and 25 working days in a month. The firm can enter 16800 forms' data each day by using some part-time workers. Wage is taka 3.60 per entered forms' data. The monthly depreciation cost of the entry system is taka 990 thousand. Currently, the overhead expense is taka 25.2 million per year. The firm is considering purchasing some data scanner machine. It is expected that the firm can enter 30% more forms' data each day with the scanner machine. Only 30 full-time workers are needed this time. The monthly average salary of the worker is taka 36,000 per worker. With the scanner machine, the yearly depreciation cost of the entry system will be taka 30 million with an overhead expense of taka 3.3 million per month. How can I Compute labor and multifactor productivity for each case
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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