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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.
Pharma Blitz develops and markets new technological products to be used in health care. The development of a new product operates as follows. When a new technology meets the requis
What is the difference between purchasing and supply management?
Suppose you were conducting a marketing analysis for a new textbook about technology management. What would you need to know to identify a market segment? How would you make a need
1.__?__________ are the basic unit of analysis and the focus of nonmarket action 2. The market environment of business includes___________.? 3. Firms typically deal with nonm
Write an essay of between 750-1000 words, double-spaced, on the topic of information systems being leveraged to create competitive advantage for the business. Use well-known indust
In each of the following situations, distinguish which statistical analysis you would conduct and which appropriate test or test statistic should be used. • Consumer preferences
Jo maintained a checking account at Second Bank. In April, the bank sent her a statement of her account for March, accompanied by the checks that the bank paid. Jo realized that on
Self-managed teams perform entire jobs, rather than specialized assembly-line work.
Line Balancing Line balancing is arranging a production line so that there is an even flow of production from one work station to the next i, e, so that there are no delays at a
Global Supply Chain Issues Global supply chains bring problems of their own. As companies begin to apply organisational efficiencies achieved in their home markets to oversea
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