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A company can produce a part it uses in an assembly operation at the rate of $50 an hour. The company operates 8 hours a day, 300 days a year. Daily usage of the part is 300 parts. The company uses the part every day. The run size is 6000 parts. The annual holding cost is $2 per unit, and setup cost is $100. How many runs per year will be there?
Why are vision and mission statements important to strategic development? How might leaders and managers view and use vision and mission statements differently?
Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained.
Refer to Solved Problem 1. Prepare two additional aggregate plans. Call the one in the solved problem plan A. For plan B, hire one more worker at a cost of $200.
The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of 116 cakes per day. The bakery sets up the cake-production operation and produces until..
Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. What is Baker’s inventory turnover? What is Baker’s per..
Race is an important part of society that helps us manage our relationships and behaviors. It is important, however, to recognize the things that we’ve been raised to do as a result of your race. How many items are on your list? Do you think you were..
Identify and define the Big 5 personality dimensions. Which of these are related to job performance? Describe how you would rate yourself on each of these dimensions, and explain why.
What is your assessment of Oliver's financial performance and financial condition. Is the company in good financial shape. Why or why not
Are current state and federal laws on gambling optimal? Should the nation move in the direction of stricter prohibition? Or should it move to more permissive laws, including those to legalize online gambling?
Compare three basic types of research design exploratory, descriptive and casual Evaluate the use of research design for each method
When looking at the life of a project plan, it is useful to graph and outline the cost variance (CV), and schedule variance (SV). Determining progress, or lack of progress, provides essential information to assess a given project.
A medical supplies company buys its supplies in bulk and redistributes them to doctor’s offices and clinics. The receive thermometers in lots of 15,000 from the vendor. They are considering a sampling plan of n = 100 and c = 2. Determine the producer..
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