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Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a location for this factory has been narrowed to four sites: A, B, C and D. The following table shows the results thus far obtained by Tracy by using the factor-rating method to analyze the problem. The scale used for each factor scoring is 1 through 5. Site Scores Factor Weight Weight A B C D Quality of labor 10 5 4 4 5 Construction cost 8 2 3 4 1 Transportation Cost 8 3 4 3 2 Proximity to markets 7 5 3 4 4 Taxes 6 2 3 3 4 Weather 6 2 5 5 4 Energy cost 5 5 4 3 3 a) Which site should Tracy choose? b) b) If site D's score for Energy cost increases from 3 to 5, do results change? c) If site A's Weather score is adjusted to a 4, what is the impact? What should Tracy do at this point?
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production;
Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes.
Airphone, Inc., manufactures cellular telephones at a processing cost of $81 per unit. The company produces an average of 250 phones per week and has a yield of 80% good-quality phones, resulting in 20% defective phones, 55% of which can be rework..
Howard Weiss, Inc., is considering building a sensitive new airport scanning device.His managers believe that there is a probability of 0.35 that the ATR Co. will come out with a competitive product.
The American REd Cross has been asked to oversee the clean-up efforts in Japan after the earthquake and tsunami that occurred in March 2011.
Which decision making tool would be used in identifying possible causes for a problem?
A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements. These forecasts need to be seasonalized because each day of the week has its own demand pattern.
What is the standard deviation of demand during replenishment of blue diamond if the standard deviations of demand per period and lead time are 1.2 and 1.5 respectively.
The meat is purchased on Monday at $2.00 per pound also the shop sells the steak for $3.00 per pound. Any steak left over at the end of the week is sold to a local zoo for $0.50 per pound.
Illustrate what factors operate in the VDOT's general and specific/internal environment and illustrate what impact did this have on the VDOT's effectiveness.
A consulting firm consist of associates, managers and partners. The company would like to maintain 200 associates, 60 managers and 20 partners.
Describe the six layers of resistance to change. Give an example of each layer.
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