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Demand for iwatch for the next 6 months is projected to be: Jan 750 units, feb 600,mar 700 ,April 700,May 400 and June 600 units. Technology used requires 6 hrs of labor to produce one unit. Jan, feB and mar have 20 workdays each month, April, May, June have 25 to produce iwatches. Even though overtime production is available limit is 200 max but manager prefers no overtime be used. Subcontracting is not available and back orders not permitted. Previous dec =150 iwatches stock. Regular time =$12 per hr , overtime =$18 per hour for work done beyond 8 hr working day , to hire =$40 to layoff $80 per worker . Inventory carrying cost =$8 per unit per month. If you assume that all transactions take place at the end of the month, and that there were 20 production workers employed in the prior December, what is the cost of the plan?
When market demands require changing schedules, would MRP or JIT be more difficult to use? Explain your answer in detail.
Success University (SU) is a medium sized undergraduate institution located in Southern California. SU offers Associates and Bachelors programs in Business, Psychology and Education at their San Moreno campus and online. SU has decided to launch ..
Why was important to Kery Group use the services of the profissional training company Olas Sap's Irish trainning partner, to assistwith training system implementation? Why was it important that Kerry Group to use the pilpt Start-up apprach for intall..
Bank Boston has a branch at Bryant College. The branch is busiest at the beginning of the college year when freshmen and transfer students open accounts. This year, freshmen arrived at the office at a rate of 40 per day (assume 8-hour days). Each tel..
According to the textbook, in many instances an investor will first ask for a copy of a firm's ________ and will request a copy of the full business plan only if that portion of the plan is sufficiently convincing.
To increase the responsiveness of a single exponential smoothing forecasting model the forecasting analyst should
a demings pdca plan do check and act cycle underlies what inherent six sigma principle?bull continuous
You are an employee in a retail store. You have seen an Assistant Manager in the company take merchandise home after store hours, without paying for the merchandise. You also notice that the sales figures for the month are altered by this manager. Wh..
If you were to have a business plan to start your own business what would be your company’s distinctive competence? What are your basic nature and activity of your business. What is your primary product or service? What customers will be served? What..
Ratio analysis involves calculations that use the data from the financial statements to evaluate the performance of companies in different key areas. How would this information be used by a credit analyst as compared to someone is going to make a..
Identify and discuss the five key dimensions of service quality. Given an example of a service and describe how a customer may define quality along each of these dimensions.
How TOC accounting is done using Rogo's plant
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