Computer integration of all our manufacturing functions

Assignment Help Business Economics
Reference no: EM131918559

Discuss each of the following statements. What do you think is wrong with each of them?

  1. "We've thought about computer integration of all our manufacturing functions, but when we looked at the big picture, we realized that the labor savings wouldn't justify the cost."
  2. "We've had these computer-controlled robots on the line for several months now, and they're great! We no longer have to reconfigure the whole line to shift to a different product. I just give the robots new instructions, and they change operations. Just wait until this run is done and I'll show you."

Reference no: EM131918559

Questions Cloud

Part of risk reduction in a clinical area : Discuss two methods that could be used by a nurse manager to encourage his or her staff to be part of risk reduction in a clinical area.
How the given constraint impacts project management : Identify your chosen constraint and provide a more detailed description of how this constraint impacts project management?
What is the most economical process for a volume : a) What is the most economical process for a volume of 8,000 units?
Create logic model for your selected health-related program : HCS412: Health Promotion Planning & Evaluation Describe the health-related program for which you are creating the logic model - Create a logic model
Computer integration of all our manufacturing functions : We've thought about computer integration of all our manufacturing functions, but when we looked at the big picture
How can cloud computing enhance business value : Compose a research paper by addressing the following research question: How can cloud computing enhance business value?
What is a corner point : What is a corner point? Why do solutions to linear-programming problems focus on corner points?
Facility layouts report : Facility Layouts Report Describe the following facility layout formats used in manufacturing:
Performance appraisal process of an organization : Select and briefly describe the training process and the performance appraisal process of an organization

Reviews

Write a Review

Business Economics Questions & Answers

  Describe the point at which diminishing returns occur

Describe the point at which diminishing returns occur. Indicate the points that delineate the three stages of production.

  Qsuppose that in free zone the cycle presented in the

q.suppose that in free zone the cycle presented in the problem 6 the aggregate supply curve is short plasterboard cafos

  Q1 does a merger create any new value that wasnt there

q1. does a merger create any new value that wasnt there before? or is the merger done to lower afc and so atc? can we

  Read full plot summary of the movie double jeopardy

Read a full plot summary of the movie Double Jeopardy. In a one- to two-page (250- to 500-word) paper, give your assessment as to whether the "double jeopardy" clause of the Fifth Amendment to the U.S. Constitution would protect the character Libby (..

  Defence supplier expects to generate additional revenue

A major defence supplier expects to generate additional revenue from its recently won government contract. The company expects the revenue will be $110 million in the first year and the revenue increasing by $2.5 million each year for the next 4 year..

  The competitive equilibrium for an exchange economy

Consider the competitive equilibrium for an exchange economy. If the endowment of each person increases by 10% for each good, everyone is better off at the new competitive equilibrium since everyone consumes more of each good.

  Draw representative isoquant

For each of the following examples, draw a representative isoquant. What can you say about the marginal rate of technical substitution in each case? A firm can hire more workers to increase its output, or it can buy more machines. For each additional..

  Pessimistic about the future health of the economy

Suppose that consumers become pessimistic about the future health of the economy, and so cut back on their consumption spending. What will happen to aggregate demand and to output? What might the government have to do to keep output stable?

  Market-clearing price and quantity

Economic surplus could be increased at a higher price because firms would generate more revenue.

  Price of gold increased on average by approximately

Based on the regression equation, the price of gold increased on average by approximately $___ per ounce for a $500 billion increase in the monetary base (round to the nearest dollar). regression equation $/oz gold=207+.05 monetary base

  Recall the loser pay winner auction experiment done in class

In the formula for Bayes theorem if the w-probability is greater than the zero than the a-probably is less than the b-probability. Posted offer markets with at least two sellers will generate prices that remain a little above prices from double aucti..

  Current account is in surplus and capital account is zero

If the current account is in surplus and the capital account is zero, then

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd