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Jack is a production manager at the company XYZ which manufactures the brake petals for a bicycle. Annual production quantity for the petals is 12K, and average cycle time for production is 2 months for a petal. The company wants to reduce current work-in-process by 20%. Please provide your suggestions to achieve that aggressive goal in terms of annual production quantity and cycle time.
Using advanced technology offers a company many benefits, but there are also some challenges involved too. List three benefits and three challenges associated with implementing and/or using technology.
Sound Systems will embark on a companywide cost control program in an attempt to improve its profits. One of the areas to be scrutinized closely for possible cost savings is inventory procurement.
Given the following set of jobs waiting to run on a machine, Using the CR (critical ratio) how would you sequence these jobs?
"Strategic Planning and Business Plan" Ascertain the importance of strategic planning for an organization.
What are the EOQ, and the annual order and carrying cost.
What are the differences between qualitative and quantitative methods? What are the qualitative techniques our textbook introduced?
Discuss what you can do to continue to provide care to the needy, but reduce the amount of the loss.
Create a hypothetical marketing campaign that uses what you’ve learned about the CRM approach. Describe how you might apply insights about developing long-lasting relationships with customers to retain or reactivate past visitors
The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to pay all the expenses.
What is a data warehouse and what are its benefits? Why is Web accessibility important with a data warehouse?
Determine whether file sharing is necessary to further advantage technology or if it should be stopped because it violates copyright law.
This week's discussion board allows you to explore the concept of Equity in Financial Compensation. The text discusses four types of equity in compensation: 1) external, 2) internal, 3) employee, and 4) team equity.
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