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In a transportation problem with three locations and two destinations, the objective function is as follows: Min 20X11 + 18X21 + 23 X31 + 16X12 + 14X22 + 12X32. How much does it cost to ship one unit from location 2 to destination 1?
A. 18
B. 12
C. 23
D. 16
E. None of the above.
In a batch machine operation, setup time is 1.5 hr and batch size is 80 units. the cycle time consists of handling time of 30 sec and processing time of 1.37 min. one part is produced each cycle. tool changes must be performed every 10 parts and this..
What suggestions would you make to Bob Collins about his layout? How would you measure the "efficiency" of this layout?
Create a new business that you would like to operate. Would you select an LLC, an LLP, or a corporation to form your company? Provide a detailed explanation as to why that entity would be appropriate for you. Support your choice with the applicable l..
Technology has changed the way we conduct business on a daily basis. A number of organizations have opted for integrating systems and sharing information with their counterparts.
You are preparing a project to lay fiber optic cable. The first task is to mobilize the team. You estimate this will take one week and cost $3000. The second task is to lay the cable. This will take three weeks and will cost $45,000. The total length..
Discuss also elaborate factors to be considered for establishment of a prudent Performance Management System for an organization going for global market place.
The fixed cost of producing a product at location is estimated as $40,000 per year. The variable production is estimated as $20 per unit. The product can be sold at a price of $60 per unit. What should be the minimum demand for this location to at le..
You are thinking of opening a small copy shop. It costs $8000 to rent a copier for a year, and it costs $0.023 per copy to operate the copier. Other fixed costs of running the store will amount to $600 per month. If you rent three copiers, what daily..
Illustrate what elements of marketplace in which Mega Tech operates led firm to believe which project management would improve its operation.
You are a vice-president of operations for a fortune 500 company and have six area managers reporting g to you. Using Rokeach's value classification system, identify and explain the key values your managers are most likely to perceive as the most imp..
Discuss specific activities where Operations Managers can apply ethical behavior and social responsibility to their behavior. Use examples from the course materials to expand your analysis.
Compare Wyatt's buffalo hunting to the approach used by the old timers - what are the key elements of business success from an operations perspective?
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