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During the campus Spring Fling, the bumper car amusement attraction has a problem of cars becoming disabled and in need of repair. Repair personnel can be hired at the rate of $20 person, if one person is hired, he or she works alone; two or three people work together on the same repair. One repairer can fix cars in an average time of 30 minutes. 2 repairers take 20 minutes and 3 repairers take 15 minutes. While these cars are down, lost income, is $40 per hour. Cars tend to break down at the rate of two per hour.
Sub optimisation - Operations Function Another important issue raised by the systems approach is that of sub-optimisation. This is of considerable significance for managers, a
A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, wh
Value Driven Approach The second approach is a value drive approach to operations management. The value driven approach starts by recognizing that a business is a set of proce
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
As the industry watches to see how United Airlines' strategy performs against American Airlines' strategy, management at United Airlines is anxiously monitoring market signs to det
A bridge that is used to connect an Ethernet network with a FDDI network must be practicing what type of bridging?
1. Why has Southwest's business model and strategies changed overtime? 2. In what ways is Southwest Trying to improve its competitive advantage in 2011? 3. Give examples of a
How does competitive strategy relate to value chain structure?
A food processor uses approximately 29,730 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding c
What are four safeguards that the ERISA legislation specified to address the many obstacles employees faced with pension plan funding? How did the Pension Protection Act add additi
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