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A particular workstation has a capacity of 1000 units per day and variability is moderate such that c2a +c2e/2= 1. Demand is currently 900 units per day. Suppose the management has decided that the cycle time should be no more than 1.5 times the raw process time (a) What is the current cycle time? (b) If variability does not change, what would the capacity have meet the CT and demand requirements? c If the capacity is not changed what value of V need to meet the CT and demand requirements?
How to show effects on consumer/producer surplus by opening up to trade?
You are thinking about becoming a Paradise Coffee franchisee. Franchisees are offered a business specializing in producing an exclusive line of exotic coffee drinks (similar to Starbucks). What is the estimated explicit (accounting) cost of your prop..
Identify someone in your life who would benefit from taking this course, and explain the reasons why and speculate on what technology might be able to do in 15 years to improve the contracting process.
Specifically describe how the size of the "float" (time it takes to clear a check from orignation through multiple banks) affects the money supply?
A risk neutral principal hires a risk neutral agent to work on a project. The project can either yield high output h or low output l. The probability of h depends on the agent’s unobservable effort e. With probability 1 − e the output is low.
What are social, political, and legal structures and hierarchies of Taiwan that are relevant to market expansion of Home defibrillators? How do they compare to those of the United States?
In a two player game in which each player has only two strategies,
Is there anything in what we have studied, that can point us towards an equitable solution to this problem while still protecting the environment we all share? What is that solution?
The Goldilocks scenario can best be described by:
If the economy is currently producing 40 units of cotton and 6 units of wheat, then what is the approximate opportunity cost of producing 10 more units of cotton?
The NCAA has often been called an “incidental cartel. ”What is an “incidental cartel?”How has the NCAA exercised its cartel power? Give two distinct examples.
Hershey Park sells tickets at the gate and at local municipal offices. There are two groups of people. Suppose that the demand function for people who purchase tickets at the gate is QG = 10,000 – 100pG and that demand function for people who purchas..
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