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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.
what are the challenges of quantitative technology in management
How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?
Giving examples, how does CPM handle the trade-offs between time and cost in the scheduling of a project.
1. Based on GM's current condition, do you think it is ethical to reduce the number of employees? Why or why not?
Explain Division of Work (or Labour). It is a famous principle of Economics, invented through Adam Smith who was the traditional economist. Fayol had advocated Division of wo
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% c
In a job shop, effective capacity is only 49 percent of design capacity, and actual output is 60 percent of effective output. What design capacity would be needed to achieve an act
I have determined that McDonald's utilizes a Divisional Structure by Geographic Region organizational structure. First, is this correct? Second, what type of structure would best s
Discuss the impact of involving your employees in decision-making. What are the pros and cons? Should employees be involved in critical organizational decisions? Why or why not? Pr
Generate and discuss examples of problems and opportunities that have inspired change in business today
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