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The Otto Maddick Machine Tool Company produces two products, muffler bearings and torque amplifiers. One muffler bearing requires 0.125 hr. of assembly labor, 0.25 hrs. in the stamping department and 9 square feet of sheet metal. Each torque amplifier requires 1/3 hr. in assembly and 0.25 hrs. in stamping and uses 6 square feet of sheet metal. Current capacities are 400 hours of assembly labor and 375 hours of stamping capacity. Sheet steel costs $0.15 per square foot. Muffler bearings sell for $9 and torque amplifiers sell for $11.00. Use linear optimization to find the number of each product to make to maximize profit.
Describe this organization's structure. Create a hypothetical job description and job specification for this company to utilize during the hiring process. (Imagine there is a vacant entry-level management position that needs to be filled.)
Discuss the focus of each model; internal to the health care provider or external to the health care provider, and summarize the main constructs of each model
Research the current marketingefforts of a company
During the initial pricing activities, one of the functional managers discovers that the work breakdown structure requires costing data at a level that is not normally made, and will undoubtedly incur additional costs.
What is the minimum number of defective parts you need to find in the sample to support management's decision to shut down the line if, within a 95% confidence interval, your evidence suggests the tolerant 60000 PPM rate has been exceeded?
Refer to the Real World Case on IT/Business Alignment in the chapter. Companies where IT is an important part of their product offerings presumably also have a sales force that is well versed in technology.
A large community hospital, River Valley, has recently begun to acquire physician practices. At issue is whether to rename each acquired practice to "River Valley Associates" or to leave each name alone. What are the trade-offs River Valley should..
Phone records were checked to verify that the employee had not called in from home as he had claimed or made any other calls. The employer also contacted the kennel where the employee had boarded his dog, the Canadian province where he obtained a ..
Discuss the following "Sustainable competitive advantage only functions well in theory and is impossible in practice.
Fund Misappropriation Scandal by the General Service Administration
How do the concepts of "core competency and competitive advantage" relate to strategic intent, mission and goals? How do they relate to strategy?
Identify any two BSE Sensex Scripts. Critically analyze the volatility in those shares prices for the period from July2014 to Dec2014 and the reason behind the fluctuation in the share prices. (Corporate information, Socio, economic/political).
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