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David Upton is president of Upton Manufacturing, a producer of Go-Kart tires. Upton makes 1,000 tires per day with the following resources: Labor: 400 hours per day @ $12.50 per hour Raw material: 20,000 pounds per day @ $1 per pound Energy: $5,000 per day Capital costs: $10,000 per day a) What is the labor productivity per labor-hour for these tires at Upton Manufacturing? b) What is the multifactor productivity for these tires at Upton Manufacturing? c) What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?
Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.
You manage a department of four employees. You have identified that Joe has a high need for achievement. Mary has a high need for power, and Tim has a high need for affiliation
Analyze why you think that the Securities Act of 1933 allows for an exemption to a nonprofit educational organization?
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line.
The injection molding department of a company that operates 24x7 uses an average of 20 gallons of special lubricant per day. It takes two weeks for an order of lubricant to be delivered.
Explain the elements of valid contract, and describe how consumers and banks each have a duty of good faith and fair dealing in the banking relationship.
Two alternative plant layout designs are being proposed to produce a new product. The production will consist exclusively of labor-intensive assembly.
Automobiles arrive at a drive through window at a post office at the rate of 4 every 10 mins. The average service time is 2 mins. The poisson distribution is appropriate for the arrival rate and service times are exponentially distributed.
Cycle counting system for checking inventory accuracy and operations manager of a firm that uses the continuous-review inventory control system.
A drug company produces the drug NasaMist from four chemicals. Find out the cheapest manner of producing today's batch of NasaMist.
The cost of producing dialysis unit is $985 on regular time, $1310 on overtime, and 1500 on a subcontract. Inventory carrying cost is 100 per unit
Unsatisfied demand causes a shortage cost of Rs.0.75 per unit per short period. The cost of initiating purchasing action is Rs. 15.00 per purchase
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