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A worker is currently responsible for tending two machines in a machine cluster. The service time per machine is 0.35 min and the time to walk between machines is 0.15 min. The machine automatic cycle time is 1.90 min. If the worker's hourly rate = $12/hr and the hourly rate for each machine = $18/hr, determine (a) the current hourly rate for the cluster, and (b) the current cost per unit of product, given that two units are produced by each machine during each machine cycle. (c) What is the percent idle time of the worker? (d) What is the optimum number of machines that should be used in the machine cluster, if minimum cost per unit of product is the decision criterion?
Create a decision map (see figure 5.10 as an example) that considers value creation and support processes in your map. Include in your decision map the choices for each of your satisfiers and dissatisfies from the previous project. Not catching fish ..
What is the difference between a customer order and a sales order? Do most companies keep track of operating assets (e.g. property and equipment) at the individual instance level or at the type level? Why? Identify typical resources, internal agents,..
Give the critical competitive moves that HTC made within their market commonality and speculate a strategy on the major influences for industry pressures to globalize. Please provide a rationale for your response.
Technology has changed the way we conduct business on a daily basis. A number of organizations have opted for integrating systems and sharing information with their counterparts.
What are some of the issues project managers face while dealing with scheduling based on the critical path method that might be resolved with critical chain methodology?
Discuss ways that you plan to apply what you learned in this course and instructional methods in your current or future position. Pretend you are a business consultant selling your consultant business. Create a training proposal letter for a potentia..
A firm hosts data-mining servers and performs data mining for other companies that do not desire the costs of hardware, software, or expertise to data mine their data. The firm is planning to roll out faster data-mining software that will reduce the ..
Since the “meltdown” of 2008, many large companies (such as IBM) have issued more debt (corporate bonds) and used the proceeds for research and development to develop new products/product lines. Identify a product for which "demand" is inherently ine..
Detailed plans and formal procedures are most likely to be found in a culture with?
University of Florida football programs are printed 1 week prior to each home game. Attendance averages 60,000 screaming and loyal Gators fans, of whom two-thirds usually buy the program, following a normal distribution, for $4 each. Unsold programs ..
Essentially every company, from the smallest startup to the largest multinational corporation, is revenue dependent. Revenue is the lifeblood of business. Without it, no enterprise can survive. When developing a marketing plan, there are a plethora o..
Evaluate characteristics of new workplace. Assume you are a manager with over 20 years of experience. Illustrate what challenges have you faced as required competencies have changed.
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