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A production process in a firm takes 15 hours to make a product (from receiving materials to completing the product - the flow time or the throughput time). If the process completes one unit per hour on average (throughput rate), and each unit is worth $1,500 (an average value, from material input to finished good), what is the work-in-process value (in dollars)?
Given that traditional US firms such as IBM have over 70 percent of their employees and almost two-thirds of revenues come from outside the united states
Which channels of distribution mentioned do you think are most efficient and why? Should the company consider discontinuing or adding channels of distribution to its strategy? Explain.
A granary has two options for a conveyor used in the manufacture of grain for transporting, filling, or emptying. One conveyor can be purchased and installed for $70,000 with $3,000 salvage value after 16 years. The other can be purchased and install..
HR planning should be focused on helping the organization achieve its strategic intent, which derives from its vision. These strategies need to both service the short-term, operational concerns and the slightly longer-term strategic.
The Economy, Social Responsibility and ustainability, When there has been a significant downtown in the regional economy, how can Tim's Coffee Shoppe take social responsibility? What social responsibility does Tim's Coffee Shoppe have to the communit..
How is the security of a firm's information system and data affected by its people, organization, and technology? Is the contribution of one of these dimensions any more important than the other? Why?
Explain why “cloud computing” is growing in usage. Explain how a “common infrastructure” allows for “scalability”. Explain what “location independence” means. Describe the history of “cloud computing”.
A teller works at a rural bank. Customers arrive to complete their banking transactions on average one every 10 minutes; their arrivals follow a Poisson arrival process. Calculate the average utilization of the teller. How many customers are in the b..
Would you describe the orientation of Reynolds toward tobacco regulation as cooperative or at arm's length? How about the attitude of Altria? What do you think explains the differences between the two companies' positions. What public policy input..
Charles Lackey operates a bakery in Idaho Falls, Idaho. Currently, the bakery has 4 employees, each one working 160 hours per month. Because of its excellent product and excellent location, demand has increased by 30% in the last year.
In a political system that values religious freedom, how can radical religious extremism be mitigated? Explain your ideas.
Last year, a Swedish company began production of solar panels suitable for powering small homes. The product has a great deal of promise, but the panels are more expensive to produce than panels manufactured in Norway. As a result, Sweden has imposed..
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