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George Kyparisis makes bowling balls in his Miami plant. With recent increases in his costs, he has a newfound interest in efficiency. George is interested in determining the productivity of his organization. He would like to know if his organization is maintaining the manufacturing average of 3% increase in productivity per year? He has the following data representing a month from last year and an equivalent month this year:
Last Year Now
Units produced 1,000 1,000
Labor (hours) 300 275
Resin (pounds) 50 45
Capital invested ($) 10,000 11,000
Energy (BTU) 3,000 2,850
Show the productivity percentage change for each category and then determine the improvement for labor-hours, the typical standard for comparison. Please show how you got the answer step by step.
Choose a business message to evaluate. You could find a recent letter you have received from a business, go to a website or choose a message for customers or a message specified by your instructor. Assume that you are a consultant to the company that..
What is the difference between the one and two-step approaches to direct marketing? Give examples of companies that pursue both methods.
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Use a graph to show each constraint and to identify feasible region. Identify the optimal solution point on your graph. What are the values of X and Y at the optimal solution? From your graph, what is the optimal value of the objective function?
Identify the strength, weakness, opportunities, and threats that are relevant to the strategy of Regal marine - how would each of the 10 operations management decisions apply to operations decision making at Regal Marine?
Rocky Road Construction is looking at risk financing options for their workers' compensation insurance. The two types of programs that they are considering are individual self-insurance and a large deductible program. All of the following are advanta..
The break even analysis numbers
What is the difference between organizational risk and project risk? Also, give an example of both.
As the general manager of a multi-story office complex, you have the task of bringing a report to the board of directors delineating the pros and cons of selecting either an in-house managed food service operation or contracting with an outsourcing c..
What are self-managed teams and how do they individually affect efficiency? Define process reengineering. Describe your experiences or personal opinion on the pros and cons of self-managed teams.
Using what you have learned about the difference between efficiency IT metrics and effectiveness IT metrics, formulate a strategy describing how an organization can use these types of metrics to improve its business.
Consider the interaction that takes place when managers from different countries and cultures, working for the same company, come into contact with each other. What are the pros and cons of these types of interactions? What, if any, provisions should..
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