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PLASTIC OR METAL OR SUBCONTRACT. Workplace, International is re-evaluating the design, cost and profitability of its line of office accessories. Currently, the items are constructed of metal-based parts for durable and consistent performance. At the time of the initial process decision, the metal drawing process was also the most economical. Management now suspects that the cost advantage enjoyed by metal parts is highly dependent on the volume of parts produced. To confirm their suspicions, management would like you to compare the break-even volume for one of its products, the 3-hole punch, when fabricated from metal versus plastic. Metal Drawing Process Plastic Injection Molding Fixed cost $ 50,000 $100,000 Variable cost $ 5 per unit $ 2 per unit Selling price $10 per unit $10 per unit a. What decision can be made based on the individual break-even points of each process? b. Referring to the previous example, Workplace management wants more specific information regarding the volume at which the 3-hole punch should be constructed from metal parts or from plastic parts. Management is also considering subcontracting out the production of the parts for $8 per unit. Which alternative would you recommend?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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