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Develop a level strategy and calculate the corresponding cost, given the following forecast:
Month 1 2 3 4 5 6
Forecast 380 400 420 440 460 480
Regular capacity is 400 units per month. Overtime capacity is 40 units per month. There is no constraint on the capacity of subcontracting. Assume that no backorder is allowed. The beginning inventory is 0. The ending inventory and backorder must be zero. Hint: compare all possible production plans and select the best with the lowest total cost.
Unit costs are: Regular output = $25/unit, Overtime = $40/unit, Subcontract = $60/unit, Inventory cost = $15/unit/period/average inventory.
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How do Loews' training programs relate to the company's business strategy? If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
Butternut is a ski resort in Massachusetts. One of their triple chair lifts unloads 1296 skiers per hour at the top of the slope. (A triple chair lift can carry three passengers per chair.) The ride from the bottom to the top takes 5 minutes. How man..
keep the level of detail for these activities general, rather than specific. Be sure to indicate some degree of precedence relationship among the activities
Assuming no proactive approach on the part of management, discuss (no calculations necessary) how you would forecast sales for the first three months of the next year. What action might management consider based on your findings in part b?
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How would you go about attracting and recruiting talented workers to your organization? Suggest ideas you would use to retain stars and keep them happy working for you.
tom schriber a director of personnel of management resources inc. is in the process of designing a program that its
What is Consumption-Based Planning? How is it different from Material Requirements Planning?
For each leader you choose, describe why these individuals are so successful and identify which theory or theories best exemplify their leadership style
Elucidate what is the optimal solution. describe how many workers should be assigned to every type of machine. Every product needs the subsequent processing times (in hours) on every of 3 machines.
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