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A company is about to begin production of a new production. The manager pf the department that will produce one of the components for the product wants to know how often the machine used to produce the item will be available for other work. The machine will produce the item at a rate of 200 units a day. Eighty units will be used daily in assembling the final product. Assembly will take place five days a week, 50 weeks a year. The manager estimates that it will take almost a full day to get the machine ready for a production run, at a cost of $400. Inventory holding costs will be $10 a year. a. What run quantity should be used to minimize total annual cost? b. How many days does it take to produce the optimal run quantity? c. How often does the department have to run the production for this component (i.e., cycle time)? d. What is the average amount of inventory? e. What is the annual total cost?
Identify and discuss the market segmentation approaches you believe are most relevant for Subaru. Why are these important to the marketing strategy for Subaru’s product offerings?
In what way does a person's value system impact the development of organizational policies?
Product differentiation by incumbents act as an entry barrier because _____. A supplier group would be most powerful when __.
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,700 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. Determine the economic order qu..
A sporting goods company has a distribution center that maintains inventory of fishing rods. What is the average cycle stock?
The consumer decision process varies by purchase for each individual. How are the processes similar and how are the two purchase decisions different?
Determine at least two roles that human resource management has played in your current or future workplace. Provide specific examples to support your response. Analyze key milestones of human resources management illustrated in Table 1.1 in the textb..
The economy is tight, and there is competition among applicants to land jobs. This setting is expected to lead to an increase in the number of applicants who will misrepresent their background and credentials. The hope, of course, is that this bit of..
Mike has been hired by a publishing company to write a companion book for a particular text sold to college students. In 2010 Mike completes the companion book and he signs over his copyright to the publisher. The publisher actually publishes the boo..
Discuss the following statement. “It is important that organizational managers understand that bounded awareness can and will occur in decision making”
The sentences has three errors. In the blank box for each question, type ONLY the three corrections for those errors. Although as many as twenty-five percent of jobs are found on the Internet the principle source of jobs still involves networking.
Sales branches and sales offices are examples of:
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