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Solve the following problems (based on problems in the text, Blanchard and Fabrycky, “Systems Engineering and Analysis”, Prentice-Hall, 5th Edition, 2011) . A processing centre has the capacity to assemble 500,000 units per year. At present it is operating at 75% of capacity. The annual income is $500,000. The annual fixed cost is $125,000 and the variable cost $0.50 per unit assembled. i) What is the annual profit or loss of the centre? ii) At what volume of output does the centre break even? iii) What will be the profit or loss at 70%, 80% and 90% of capacity on the basis of constant income per unit and constant variable cost per unit?
Formulate and solve a linear programming model. What would be the effect on the optimal solution if the store could secure a 9% interest rate for a 6-month loan from another bank
Outline the basic planning process for the organization, and describes how the three levels of management influence this process. Explain why the quality, productivity, and profitability are important elements in the planning process.
Think about what motivates you to be a leader. Describe the manner in which you apply the key characteristics of leadership to both your work and personal life. Next, state whether or not you think such leadership characteristics are innate or learne..
Explain the issues that should be considered when deciding on the location of a new corporate data centre.
How much should be invested at 12% nominal interest rate, compounded monthly, to provide equal yearly payments of $10,000 per year for 6 years
What additional annual cost is the shop incurring by staying with this order size? Other than cost savings, what benefit would using the optimal order quantity yield?
A company needs to calculate the monthly total cost of transporting 1,000 skateboards. The fixed costs are 5,000 dollars, the variable cost per unit is 5 dollars, and the transportation cost is 20,000 dollars. What is the profit for the Eagle Skatebo..
Describe the six phases of the project procurement management process. part 2 : using a simple decision such as painting your home, list what you would do to under each project procurement management step part 3 : the buyer determines the contract pr..
explain the new product planning and development process. Be sure to include examples of products and services that you found on the internet to help explain the process.
Assume that you are the leader of a virtual team that includes members who are in New York, Bogotá, Honolulu, and Tokyo. You would like to choose a day and time for a weekly conference call to keep the project on track. Choose a day and time and expl..
Justify how you would generate change and articulate a vision of change within a particular organization of your choosing. Conceive a rationale for the beginning of a change initiative for this company.
Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood, whereas a table requires 10 hoursof labor and 6 board-ft. of wood.
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