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Employees in a factory arrive at the tool crib at an average rate of one employee every five minutes. There are two tool crib clerks taking and filling employee's orders. The average time for a tool room clerk to fill an employee's request is six minutes. Assume that management has valued employee's waiting time at $18 per hour to reflect the cost of lost productivity. The cost for each clerk is $6 per hour. In addition, the two computers used by the clerks are rented at a cost of $20 each per day. If the tool room is open for business 9 hours per day, what is the daily cost of this operation?
Compare disaster communication and information response designs including recovery plans for data and service delivery. Choose one design that would protect electronic and personal health record data and debate why the design provides the best pro..
Computer-Mediated Communication (CMC) has escalated in the past 10 years with the advent of the Internet and now a plethora of social networking opportunities. There are two sides to CMC: those who think it is connecting us all the more and those who..
What are some of the advantages of the Lean supply chain used in the Japanese auto industry before the earthquake? Identify and describe at least three advantages.
Analyze the three strategic elements of product development. Deduce the purpose of these elements, and explain how these strategies work in conjunction with the new products process?
How can core competencies be leveraged more effectively?
In each case, explain the justification of the industry/company behind the chosen pricing strategy.
ABC Hardware store is open for business 350 days a year. Annual demand for a power cutter at this store is 700 units. Replenishment cost is $15 per order and annual inventory holding cost is 10% of the inventory value. ABC pays $20 for each power cut..
Explain the GATT and the WTO. What is the difference between the two? What are the current problems confronting further progress in trade negotiations?
What is strategic sourcing? How has strategic sourcing impacted competition among global corporations? Under what conditions would a firm decide to outsource a function? What are the advantages? What are the risks? Under what conditions would a firm ..
A firm must decide whether to construct a small, medium, or large stamping plant. A consultant’s report indicates a .20 probability that demand will be low and an .80 probability that demand will be high. If the firm builds a small facility and deman..
Fixed cost is $30,000, and variable cost is $2 per unit for 10,000 units. If fixed costs increase by 10%, how much will total cost increase?
select an organization with which you are familiar.write a 700- to 1050-word paper in which you explain how internal
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