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Bob's botique makes 1,000 bagels per week, on average. Bob's current equipment has a book value of $15,000, and is expected to last for five more years. Bob's current labor costs are $13,500 per year. Bob is open all year long. a. what is the current productivity in terms of units of output per dollar unit? b. Bob has the option of purchasing new equipment at a cost of $20,000 (thus getting rid of the old machine) . It will be able to produce 3,000 bagles per week for 10 years. However, it will require that Bob hire one more worker, for $13,000 to operate the equipment. GIven that Bob expects that he will be able to sell all the bagles he produces, should he consider purchasing the equipment from a productivity viewpoint?
In the computer tablet market, provide an example of a company that is using a cost leadership business strategy and one that is using a differentiation business level strategy?
The CEO chose you because you are known to have your finger on the pulse of the workers. The CEO told you that he has heard numerous rumors of low morale, employees looking for new jobs, possible strikes (your workers are union) and even threatening ..
Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 2 decimal places.)
How do foreign medical education programs for physicians compare to medical education programs in the United States. How do the differences impact the quality and cost of health care in the United States
Describe gauge reproducibility and repeatability. How does gauge R and R apply to a six sigma project?
Again, using the data for Jones Company in problems 2 and 3, suppose Jones believes that in the upcoming year, the rate of sales expected for each of the five items is as follows. Compute the days of supply for each item.
Illustrate what is process capability. Illustrate what do the process capability indexes tell the company. Illustrate what does the initial control chart tell you. Do any out-of-control conditions exist.
How does leadership change when involved in a crisis environment? How does communication factor into these situations?
Discuss two approaches that firms can realize a cost advantage through lower-cost inputs.
What are the consequences of ignoring a conflict within a project team?
which of the following management controls and compensation policies is consistent with implementing cost leadership?
Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years.
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