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Lamda Computer Products competed for and won a contract to produce tow prototype units of a new type of computer that is based on laser optics rater than on electronic binary bits. The first unit produced by Lamda took 5,000 hours to produce and required $250,000 worth of material, equipment usage and supplies. The second unit took 3,500 hours and used $200,000 worth of materials, equipment usage and supplies. Labor is $30 per hour.
a. Lamda was asked to present a bid for 10 additional units as soon as the second unit was completed. Production would start immediately. What would this bid be?
b. Supposed there was a significant delag between the contracts. During this time, personnel and equipment were reassigned to other projects. Explain how this affect the subsequent bid?
A chemical firm produces sodium n 100-pounds bags. Demand for this product is 25 tons per day. The capacity to produce the product is 75 tons per day
What decision would an optimist make? Why?
A toy company has decided to manufacture a new toy tractor, What is the theoretical minimum number of workstations, to ensure that a demand of 4,700 units per 40-hour workweek is met?
What type of prisons house the most serious offenders and are characterized by double and triple security patterns?
A computer-supply mail order house has a memory chip in inventory that it sells to customers around the country. A Japanese manufacturer supplies the item using airfreight.
What differentiates a mechanistic organization from an organic organization?
Explain how would information be used within ford motor business. Illustrate what major problems would you anticipate need solving prior to implementing system.
Joe Henry's machine shop uses 2500 brackets during the course of a year. these brackets are purchased from a supplier 90 miles away.
The Corporation's market research department advises the Corporation to use at most 90% of the advertising budget on television ads. Describe how should the advertising budget be allocated to maximize the total audience.
Embassy Club Condominium, located on the west coast of Florida, is undertaking a summer renovation of its main building. The prject is scheduled to begin May 1, and a September 1 (17- week) completion date is desired.
We have touched on delicate balance of successful marketing also perhaps social ethics. Explain how do we balance this with our new found POWERFUL knowledge of consumer behaviour.
Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
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