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Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run has a set-up cost of $120. Variable direct production costs are $6.00 for labour, $2.00 for parts, and $4.00 for raw materials. Water Wheelies uses an annual inventory holding cost of 20% of the unit cost for carrying the unit for one year. a. Determine the optimal production quantity during each production run. b. Determine the annual holding cost, set-up cost and total cost. c. Determine the maximum inventory. d. Determine the cycle time between two production runs in days. Assume 250 days per year. In each cycle compute the number of days the production facility is busy (uptime) and the number of days the production facility is idle (downtime). e. Water Wheelies can double its production rate by using a new technology, but the set-up cost per production run will also double. Determine the economic production quantity and the annual holding and set-up costs.
Identify an organization that uses the Six Sigma DMAIC improvement approach. Describe in a short paper some of the ways that this organization has applied DMAIC and the results it has achieved.
For instance, do you have any thoughts regarding where organization may start its search for candidates. In your opinion, illustrate what types of initial screening should be made of those candidates.
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in maslow need hieracy need must be satisied before needs are activated and need must be satisfied before needs are activated and so omn
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South Carolina Furniture Inc. produces all type of office furniture. The Executive Secretary is a chair that has been designed using ergonomics to provide comfort during long work hours.
A souvenir retailer has an opportunity to establish a new location inside a large airport. The annual returns will depend primarily on the size of the space she rents and if the economy will be favorable.
What potential causes of poor decision making existed at WorldCom during Bernard Ebbers' administration? What might have happened if Ebbers had been prone to a different conflict-handling style, such as compromise or collaboration?
An ad campaign for a new snack chip will be conducted in a limited geographical area also can use TV time, radio time, also newspaper ads. Information about each medium is shown below
You're a manager in Japan, and you've just discovered that a team leader under your supervision has made a mistake that will result in a quality problem. How will you handle this mistake?
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