Reference no: EM13918098
1 Describe the implications of the product-process matrix for process design in a competitive situation.
2. Differentiate between a work center and a manufacturing cell.
3. Describe the role of service guarantees from the marketing and the operations perspective.
4. Identify and describe the application of the scientific method used to evaluate alternative treatment methods and create guidelines for similar clinical situations.
5. What are the underlying assumptions of minimum-cost scheduling? Are they equally realistic?
6. Contrast the "Personal Attention Approach" to service to the "Production-Line Approach." In your opinion, which is superior? Why?
7. In what ways can management influence the arrival patterns of waiting lines?
8. Describe the three main services provided by a hospital staff?
9. Explain the difference between producer's risk and consumer's risk in acceptance sampling.
10. Assume that you are offered a new piece of equipment for $10,000. The equipment will produce 10,000 units per year with a margin of $6.00 per unit. Demand for the product being produced has been 2,000 units per year. Your current equipment is fully depreciated and can produce the 2,000 units per year at a margin of only $4.00 per unit. Should you purchase the new equipment? Under what conditions?
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Normal spoilage rate
: What is the normal spoilage rate?Prepare the journal entries to record the normal spoilage, assuming the following:The spoilage is related to a specific job.The spoilage is common to all jobs.The spoilage is considered to be abnormal spoilage.
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Assume that returns from asset are normally distributed
: Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 14.8 percent and the standard deviation of those returns in this period was 43.71 percent. What is the approximate pro..
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Assignment on expanding your business
: Referring to the same business you either started or purchased in the first assignment, write a 6-8 page paper in which you:
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What return would you estimate for this asset
: An asset has had an arithmetic return of 10.9 percent and a geometric return of 8.9 percent over the last 88 years. What return would you estimate for this asset over the next 8 years? 22 years? 29 years?
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Differentiate between a work center and a manufacturing cell
: Identify and describe the application of the scientific method used to evaluate alternative treatment methods and create guidelines for similar clinical situations.
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Should the company buy and install the machine press
: CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $489,000 is estimated to result in $188,000 in annual pretax cost savings. Should the company buy and install the machine press?
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Define language and lexicon
: Define language and lexicon. Evaluate the key features of language. Describe the four levels of language structure and processing.
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Assignment regarding the problem solving
: When faced with a problem, what do you do to solve it? This assignment asks you to apply a six-step to problem solving process to a specific problem scenario. You will write a paper that presents a synthesis of your ideas about solving the problem..
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Adverse effects of sweatshop labor practices
: From the e-Activity, determine at least three (3) ways in which United States' businesses can address the adverse effects of sweatshop labor practices. Provide one (1) specific example of each way that you have just determined to support your resp..
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