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McBurger, Inc. wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K1, K2, and K3, are under consideration. No matter which design is used, daily demand for sandwiches at a typical McBurger restaurant is for 500 sandwiches. A sandwich costs $1.30 to produce. Non-defective sandwiches sell, on the average, for $2.50 per sandwich. Defective sandwiches cannot be sold and are scrapped.The goal is to choose a design that maximizes the expected profit at a typical restaurant over a 300-day period. Designs K1, K2, and K3 cost $100 000, $130 000, and $180 000 respectively. Under design K1, there is a .80 chance that 90 out of each 100 sandwiches are non-defective and a .20 chance that 70 out of each 100 sandwiches are non-defective. Under design K2, there is a .85 chance that 90 out of each 100 sandwiches are non-defective and a .15 chance that 75 out of each 100 sandwiches are non-defective. Under design K3, there is a .90 chance that 95 out of each 100 sandwiches are non-defective and a .10 chance that 80 out of each 100 sandwiches are non-defective. What is the expected profit level of the design that achieves the maximum expected 300-day profit level?
Talbot estimates the cost to place an order is $50 also the holding cost for each assembly is $20 per yr. The organization operates 250 days per yr. Illustrate what is the economic order quantity for the XO-01.
Average business manager is not likely to know about or use Federal Registry. Discuss whether or not it is important for average manager in today's business climate to use Federal Registry on a regular basis.
Explain why is framing perspective important. Explain how does it help managers to understand better challengers and conditions they face.
Bushwood Supermarkets is a major food retailer in the Philadelphia area. The chain has over 60 stores that receive merchandise from their Scranton, Pennsylvania warehouse.
illustrate what are recommendations for performance improvement in Zippos Supply chain integration Relationships within its supply chain management and Rationalization of supply base as a competitive strategy.
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line.
Candy Kane Cosmetics (CKC) produces LesliePerfume, which requires chemicals and labor. Two production processes are available. Process 1 transforms one unit of labor and two units of chemicals into three ounces of perfume.
Harley Davidson has excess capacity of 5,000 hours of use of machinery. Which motorcycle should it produce?
What would you say are the cultural differences between Chin and Google? Once describing these cultural differences, diagnose the spheres of culture and their interactionc
Subsequent precedence diagram reflects three time estimates for each activity. Evaluate: Expected completion time for each path also its variance.
During the diagnosis for change period, it is important to analyze the stakeholders for their readiness to change. Using the power-interest matrix, you review the level of interest.
You have just notified by the Student Aid and Scholarships Office that you would receive a regent's scholarship of $2000 for the coming academic year.
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