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A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly trained professional staff. This person would both gather and analyze the data. Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day.
The firm's management is thinking of assigning two people to each project in order to allow them to specialize and become more efficient. The process would require the data gatherer to fill out a matrix on the computer, check it, and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but he anslysis must be complete before the statistical analysis program can accept the new data. After some proactice, the new process can be completed with a standard time of 20 minutes for the data gathering and 30 minutes for the analysis.
What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)?
You look at the Standard Test Procedure (STP) for this Diagnosis-Related Group (DRG) and discover that your hospital's cost is $2,400. Calculated marginal profit for various costing profiles.
Flextronics labour force improves their learning of processes at a unit improvement factor of 90%. It requisite s 120 minutes to make high speed microchips. Elucidate how many hours were saved under a 90% unit improvement factor while producing fir..
What average cycle time is required for the assembly line to achieve the production quota in seven hours-If mixed-model scheduled is used, how many of each model will be produced before the production cycle is repeated?
Does the operations strategy support the corporate strategy? Give some examples of how the operations strategy is used to support the corporate strategy including tactics used.
Minimum number of doctors required so that the average time a patient waits for treatment is no more than 30 minutes as advertised? No more than 15 minutes?
If the factory produces 10,925 units in October, what is the capacity utilization rate in October for this factory?
For example, should the decision to repair the system be considered in terms of the potential liability risks of failure versus the costs of the repairs?
If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
Develop the budget for project by allocating cost over actual work time and the calendar time line. Draw a graph for the time line of the project and the money spent on the project.
illustrate what are recommendations for performance improvement in Zippos Supply chain integration Relationships within its supply chain management and Rationalization of supply base as a competitive strategy.
Research a company of your choice and determine which of the four quadrants of the BCG Matrix you feel it fits into. Justify your response using information about the company. Your paper should be a minimum of one page.
American Capitalism. Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes
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