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In which of the following situations would you expect MRP to work well? To work poorly?
a) A fabrication plant operating at less than 80% of capacity with relatively stable demand
b) A fabrication plant operating at less than 80% of capacity with extremely lumpy demand
c) A fabrication plant operating at more than 95% of capacity with relatively stable demand
d) A fabrication plant operating at more than 95% of capacity with extremely lumpy demand
e) An assembly plant that uses all purchased parts and highly flexible labor (i.e., so that effective capacity can be adjusted over a wide range)
f) An assembly plant that uses all purchased parts and fixed labor (i.e., capacity) running at more than 95% of capacity.
Describe and discuss the cost and value benefits of Pet Elam's products and services to its customers?
What are the steps to conduct a hypothesis test? How does a researcher determine which statistical test to conduct? How does a researcher determine which level of significance to use? What software programs can be used to compute these tests? Where i..
A company in California sells a computer program to auto dealers showing that car buyers should finance their purchase rather than paying cash. The program omits the effect of income taxes and misstates the interest earned on savings over the load pe..
Discuss the role of the interest rate and the cost of financing on your purchase decision. Interest rates are derived from the supply and demand for money and the actions of the Federal Reserve System. Explain the influence of environmental factors s..
Based on current dividend yields and expected capital gains, the expected rates of return on portfolios A and B are 12.5% and 14.7%, respectively. The beta of A is .7, while that of B is 1.3. The T-bill rate is currently 7%, while the expected rate o..
Tahiti Manufacturing recently purchased a new machine. The maintenance contractor recommended that this model should receive maintenance every 3,000 - 6,000 hours of operation.
Consider what you do for work on a day-to-day basis. Given what you do, do you consider yourself to be some form or fashion of a salesperson? Why? Why not?
Health care professionals need to answer at least three essential questions when thinking strategically about their organization's present circumstances and future prospects: Where is the organization now? This question focuses on the current busines..
A production operation is a single-channel, single-phase, unlimited-queue-length queing system. Products arrive at the operation at an average rate of 90 per hour, and theautomated operation produces products at a constant rate of 95 products per hou..
Identify ways operations management utilizes technology to improve processes.
Do you think sustainable business practices have a positive impact on business success? What are some criticisms of sustainable business? Do you agree with the triple bottom line?
Review the article "USPlabs Recalls OxyElite Pro Supplements Amid Links to Liver Illness" which can in your weekly reading. This article pertains to a recall of a popular health supplement. Assume you are the manager for the OxyElite Pro Supplemen..
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