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Father's Cookies produces chocolate-chip cookies in a large oven that holds up to 2,000 pounds of cookies at a time. Annual demand is constant at 200,000 pounds; variable cost is $.25 per pound. Oven cleanout is required after the oven processes 2,000 or fewer pounds in a batch (i.e., each time the oven is used); the cleanout takes one hour's time for four workers, each of whom is paid $7 per hour. Assume that multiple batches can be produced one after the other (i.e., production is not capped at 2,000 lbs). For example, at t=0 multiple batches can be produced nearly instantaneously; however, each batch will require a cleanout. The inventory holding cost is 20 percent per dollar per year; spoilage occurs if inventory is held by Father's Cookies more than 12 months. There is substantial unused oven capacity. In what quantity should these cookies be produced? Why?
What is Berkshire Partners' corporate strategy. Is their organizational design aligned with their current strategy? Do they have a corporate advantage relative to other private equity firms
Repair calls are handled by one repairman at a photocopy shop. Repair time, including travel time, is exponentially distributed, with a mean of 2.5 hours per call. Requests for copier repairs come in at a mean rate of 2.1 per eight-hour day (assume P..
Analyze the capacity situation in the processes that are used to produce the Plasti-brack product line. What are the current capacity utilizations. What is the bottleneck. Determine an appropriate plan for improving the capacity situation.
Keep in mind which every warehouse does not have to be used. Formulate an LP program also solve this problem.
which work station should each worker be assigned in order to minimize the flow time of the assembly line? What is the associated flow time?
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A male scored three points lower than a female on a selection test. The female was hired. The male filed a reverse discrimination case on the basis of unfair use of test scores for selection. What evidence would he have to provide to support his clai..
What is the average number of calls waiting to be connected to the reservations clerk? What is the average time a caller must wait before reaching the reservations clerk?
Portfolio management is a business strategy in which organizations view projects and programs as a portfolio of investments. Portfolio managers select projects with a strategic perspective. Project managers can become more successful when they develo..
what is the standard deviation mean and variance of a poisson distribution with an arrival rate of 21 customers per
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