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Q1. A carpet cleaning company considering opening a new facility with estimated fixed costs at 71000$. The average labor, solvent, and machine cost per rug are 100$, 7.5$, and 15.3$, respectively. The expected average price is 400$ per rug. Determine the minimum dollar volume and the minimum number of service needed at this facility to break even.
Q2. What are the main characteristics of JIT? Explain it.
Q3. To increase its production, a company considers three plans: large plant, medium plant, and small plant. Using the following information, compute the expected monetary value (EMV) and determine the best alternative. Large plant profit= $100,000 Large plant loss= $20,000. Medium plant profit= $70,000 Medium plant loss= $20,000 Small plant profit= $50,000 Small plant loss= $10,000 probability of profit=0.5 probability of loss=0.5
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The system reliability for a three-component series system is 0.911988. If the reliability of the first and third components is 0.94 and 0.98
Describe the strategies which DuPont's management used to respond to the ozone controversy before the 1978 ban. Identify the social costs and risks associated with these strategies and the populations that bore these costs and risks. Identify the soc..
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The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $9,000 a month. Would you recommend one or two lines? The car wash is open 280 hou..
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Create an essay evaluating the new acquisition processes in DoD Instruction.Analyze the degree DoD 5000.02 creates better clarification.
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