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A method has been engineered and operation time of an operator was recorded (time study). The method has produced an average overall time of 3.5 minutes by actual watch timing. The overall pace rating applied to the job was 115%. This company, which uses an incentive system, adds extra time into the production rates to cover personal time, fatigue, and unavoidable delays. Total allowance is 20%. Determine the rated time or normal minutes, the total allowed time or standard minutes, the standard hour rate for the job per 100 units, and the pieces per hour. Normal time = 3.5 x pace rating of minutes Normal Time minutes The labor rate per hour is $20. What is the standard labor cost per unit?
The following forms of fall protection are suitable when workers are required to pass over an excavation more than six feet deep.
What management mistakes were made with blockbuster? If you werethe Chief manager what business principles would you use to fix everything? Please discuss in detal your strategies.
Why will a monopolist's output increase if the government forces it to lower its price? If the government wants to set a price ceiling that maximizes the monopolist's output, what price should it set?
Discuss the forces that are leading international firms to the globalization of their sourcing, production, and marketing.
The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity?
Explain why is it important to pay more attention to the firm's ROE if you ar the firm's shareholder (investor) and explain how to use the DuPont equation to see how the ROE can be improved?
a company has current assets of 4 million and current liabilities of 2 million. what is the current
For the following linear programming problem, a. change to standard form b. graph each constraint to find the feasible area (mark & label), identify all corner values and find the optimal solution
How many competitors are there in this industry? Does the company face a few major competitors or many smaller ones? What does it take for a company to be successful in this industry? Is the pace of change within this industry rapid or slow? How many..
Project management by Ganech Vaidyanathan page 518 Study Projects INformation Systems for the home wireless project: What type of an organizational structure would you propose for this project? Sketch the organizational chart. Does the strategy of th..
Which strategic alternatives emerge from situation analysis. Which level of decision making would you target in your report-corporate, business or functional? It's for Integrative Business Strategy class.
ABC Insurance Company tracks absenteeism by weekly random samples. Based on past experiences, the company expects about 250 employees to be absent from its workforce of 5,000 on the average. For a variety of financial reasons, the company has elimi..
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