Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The product design group of Flores Electrick Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The market forecasts is for 200,000 units. the better and more sophisticated the design strategy and the more time spent on value engineering, the less will be the variable cost. The chief of engineering design, has decided tht the following costs are a good estimate of the initial and variable costs connected with each of the 3 strategies:
a) Low Tech: A low-tech, low cost process consisiting of hiring several new junior engineers. This option has a fixed cost of $45,000 and variable-cost probabilities of .3 for $.55 each, .4 for $.50 and .3 for $.45
b) Subcontract: A medium-cost approach using a good outside design staff. This approach would have a fixed cost of $65,000 and variable-cost probabilities of .7 of $.45, .2 of $.40, and .1 of $.35.
c) High Tech: A high tech approach using the very best of the inside staff and the latest computer aided design technology. Fixed cost of $75,000 and variable cost probabilities of .9 of $.40 and .1 of $.35.
What is the best decision based on an expected monetary value (EMV) criterion? (We want the lowest EMV as we are dealing with cost in this problem).
The forecasted demand for fudge for the next four months is 140, 160, 90 and 70 pounds. A) What is the recommended production rate if a level strategy is adopted with no back order
Hard Change Initiatives - Linking Strategic 1. Total quality management (TQM)/ISO 9000 2. Enterprise resource planning (ERP)/material requirements planning; manufacturing
A company is setting up an assembly line to produce 192 units per 8-hour shift. The following table identifies the work elements, times and immediate predecessors: (a) Wh
Hi I need quotation for the assignment it needs 2000 words. "You are required to review the literature on any THREE (3) topics covered in this course using various academic journa
1. What challenges have managers at some technology companies faced in terms of managing human resources? 2. How do managers at some technology companies that invest resources in r
Explain the method of job evaluation. Method of job evaluation: Following are the methods wherein job evaluation is done:- a) Ranking method. b) Classification method.
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III. For Cas
Advantage of Least Cost Method a. This method provides accurate solution as transportation cost is consider while making allocation. b. It is very simple and
Most organizations possess some formal organizational chart showing the established lines of authority and the division of labour. Generally, formal processes of communication are
Factors Affecting Scheduling - Internal Factors Internal Factors: These are the factors which are with in the control of the management. These factors should be manipulated in
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd