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1. Discuss 5 critical factors that manufacturing firms should consider when designing a facility that can lead to their maximizing production flow and minimizing cost investments.
2. CharmingBells Inc. has been running into a loss gradually, but the board of directors are reluctant to shut the company down because it has invested millions of dollars’ worth of equipment which can only be used in that industry. Moreover, the people in CharmingBells Inc. have become emotionally attached to the company and do not want the company completely shut down. This scenario best illustrates _____.?
High fixed cost?
High exit barriers?
used production capacity?
unused production capacity?
“Don’t criticize, condemn, or complain.” This is the only principle that is stated in the negative. We have to stop criticizing, condemning, and complaining before we can begin using the other principles. This does not mean that we cannot correct err..
What can you do to be aware of these errors and to edit for them? What struggles do you have when it comes to editing? What can you do to overcome those struggles?
Can you identify some of the challenges that project teams often face? How do you think these challenges can be overcome so that the team can be effective?
Identify and summarize at least four management issues a company investigates when contemplating foreign direct investment?
On which contract were the workers more productive? What is the percentage difference of productivity between the two contracts?
Investigate on the internet the method of kaizen (Japanese for "continuous improvement") and the tools that are used in the method. How different is kaizen from Six Sigma?
Calculate the economic manufacturing quantity to minimize the total annual inventory cost for the following situation: Annual demand = 10,000 units per year Daily production rate = 100 units per day Workdays per year = 250 days Order cost = $20 Annua..
Tong, a new immigrant from China, recently graduated with a BBA from Yorkville University. Her father, who is vice president of a factory in China producing unique rice and noodle sauces, is keen on opening up the Canadian market. What would be the m..
A textile can make pants and shirts. what is the optimum mix of pants and shirts for the textile mill to manufacture each week?
How does leadership change corporate culture? Give two examples of “symbolic” culture-changing actions and two examples of “substantive” culture changing actions.
Which tactic is Mark making use of to minimize the foreign exchange exposure?
Mark Suturana joined the Jackson Company six months ago. He is an experienced management information systems executive who has been given the task of improving the responsiveness of Jackson’s data processing group to the end user. Is this a good cont..
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