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You are the operations manager for Louisiana Sporting Goods Co. The company has designed new "oyster shucking" knife that is expected to reduce risk of injury to the user. Your firm plans to begin production of these knives soon. Either of two machines (processes), A or B could be used for in-house production. Machine A would have a fixed cost of $60,000 and a variable cost of $5 per unit produced, and B would have a fixed cost of $80,000 but a variable most of $3 per unit. Each knife is expected to sell for $15. Determine the range of annual "volume of business Q" for which each of the two alternatives would be optimal i.e. best. Hint: Compute various break-even points for your evaluation
At what volume of output would the two alternatives yield the same profit? c. If demand is 13000 unites, which options yeilds a higher profit and how much?
explain how the design of the distribution network affects the cost of the four supply chain drivers.
Research different 2 different large, international companies and address the following issues: 1. Provide 3 different criteria in selecting personnel when filling labor needs and their importance in the selection process.
Determine areas for improvement. Design an improved process flow chart using an appropriate tool.
A work-study analysis reveals that the breakdown of the transaction mix is 40 percent deposits, 45 percent withdrawals, and 15 percent transfers between accounts.
How does a banker's acceptance differ from a trade acceptance? What are some of the considerations in terms of location of manufacturing and creation of manufacturing networks. Arguments for and against centralization and decentralization of manufact..
UDI Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the Pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with average daily demand of 2,000 capsules. How many cap..
Your Company plans to transport 20 horses to a racetrack in Denver. You know that it takes 12 hours to drive directly from Phoenix to Denver. You also know that you have to stop and feed the horses every 2 hours.
Big Tex Corporation was incorporated in Texas and has decided it would like to do business in Oklahoma. Which of the following is most correct?
The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.
Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following- Define the purpose.
Your boss is considering the use of a new predictor. The base rate is high, the selection ratio is low, and the validity coefficient is high for the current predictor. What would you advise your boss and why?
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