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1. An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest takes .3 minute. The line will operate for 480 minutes per day.
a. What are the maximum and minimum cycle times?b. How much daily output will be achieved by each of those cycle times?
2. In Problem 5, suppose the line is balanced using 10 workstations and a finished product can be produced every 4.2 minutes.
a. What is the production rate in units per day?b. What is the assembly line efficiency?
Assume that just some of the members of a common market like the EU adopt full economic and monetary union, including a common currency. What are the advantages and disadvantages to those members joining the full EMU and to those not?
The BJC Company has the following demand function: Calculate the point elasticities for price and income. Is the product a normal or an inferior good?
Compute the elasticities for each independent variable. Note: Write down all of your calculations. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a ..
Discuss the costs and benefits of decentralized decision making relative to centralized decision making. Do you expect Mark to succeed in this endeavor? Why or why not? Explain your reasoning.
What need to be done Respond to the scenario with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates.
We have three project proposals to consider in next week's Project Management Office's (PMO) Review. Piper Industries Corp. needs the projects to be complete and to be generating revenue within 12 months of next week's PMO Review.
What are the implications of Williamsn's managerial discretion model and Baumol's sales maximization model
Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs help her make a decision?
question 1 several samples of size 5 each were taken from a fertilizer-bag-filling machines. the results were overall
Suppose ZCorp has following short run production function Q = 50X - 2X^2 where X is the only variable input used by ZCorp to product its product, Q.
the article study for the demand supply and the market equilibriumdemand supply and market equilibriumthe economic
The objective is to understand the vertical boundaries a company or firm or organisation from the perspective of the vertical chain and the production process.
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