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A firm wishes to determine the efficiency and utilization of a work center coposed of 3 machines each working 16 hours per day for 5 days a week. A study undertaken by the materials management department found that over the past year the work center was available for work 12,000 hours, work was actually being done for 10,000 hours, and work was performed 11,480 standard hours. Calculate the utilization, efficiency, and demonstrated weekly capacity. Assume a 50-week year.
Decision Making Approaches General Framework Outline the meaning of Rationality, Bounded Rationality and Intuitive approaches to decision making. Individual Components
Assignment of Process layout of any company
If you decide to use debt financing, which kind of loan, fixed-rate or variable-rate, would you prefer? Why? If you decide to use equity financing, where would you find equity f
Messages are transmitted from low speed terminals and arrive at a message concentrator at a Poisson rate of 600/hr. They are held in a buffer until a hi-speed trunk line is free to
1. Using an appropriate operations framework outline the challenges / risks faced by Cisco in introducing a new product. 2. What are the general operational / supply chain issues i
what is the significant of microfinance?
Service Level Agreements are normally associated with Outsourcing.
DAT, Inc, company needs to develop an aggregate plan for its product line. Relevant data are Production time: 1 hour per unit Average labor cost: $10/hour Workweek: 5 d
Edict - Types of Managerial Tactic Managers use an edict to direct change. The change is released as an order and the expected behaviour and performance is assumed. There are
Carrington inc is an international company engaged in the production and distribution of pharmaceutical is the petterson operations successful? To the degree that it can be judged
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