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1- If the utilization of a process increases and no other changes are made with buffers for the process, the cycle time will:
Increase
Decrease
Stay the same
Could go either way
2- The scientific way to reduce cycle time without sacrificing TH is to:
Reduce WIP below Critical WIP.
Reduce WIP but not below Critical WIP.
Implement a six sigma program
Implement a lean program
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service.
The hunt is on: Rich's 13 year old daughter Alexandra is going to give him an introductory trombone concert later in the day, and he wants to purchase earplugs before then.
What is the break-even volume given insurance costs of $30,000, materials costs of $6 per unit, fix taxes of $10,000, labor costs of $34 per unit, and a selling price of $80?
Moving average forecasting models smooth out fluctuations of historic data but may not be the best forecaster of trends in data since the forecast will always lag the trend. Exponential Smoothing models utilize all historic observations to which the ..
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he process (concepts) you would utilize to develop this plan - What this completed plan might look like - Who you would include in the development of this plan?
Analyze the most important value points in terms of process, products, and services. Analyze the structure, logistics, and facility location of the organization.
What do you think the author means by the following? "leadership is the art of getting others to want to do something you believe should be done" Vance Packard (Lewis, 2011, p. 69).
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