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(EOQ model) Division X is growing and is in constant need of trained employees. The demand rate for trained employees is relatively constant at 5 each month. The division can run a training program that costs $5,000 per offering regardless of class size. Students graduate with a certificate and a $100/week pay raise. The raise is operative even if they attended the training before the new job is open and they continue with their old job (until they are reassigned to a higher-skilled position). What class size is optimal and how many classes should be offered every year? [Hint: You need not consider anybody%u2019s salary or career after they take their higher-skilled job.]
WHAT IS MEAN BY RODUCT DESIGN IN OPERATION MANAGEMENT?
What do you think are the criteria a firm should use to evaluate targets for acquistion and how should a company plan and undertake its merger acquistion strategic initiatives?
Group Technology- Cellular Manufacturing System In group technology/ cellular manufacturing (CM) machines are grouped into cells and the cells functions somewhat like a produc
1. Design a Web page for the business function (e.g., ordering, human resources, courier service, inventory listing, etc.). The Web page will have at least the following HTML: a
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation and predict the profitability of a new sit
define the following key terms in product layout;product interval,product duration and assembly line balancing
Compare a Utilitarian and a Libertarian view on the importance and enforcement of consumer rights.
Nokia Corporation, headquartered in Finland, is a world leader in the cell phone industry. Because much of Finland is heavily forested and sparsely populated, it is difficult and e
An In-N-Out Pay Strategy: Costa Vida's Decision to Boost Pay
Suppose jobs arrive at a single? Machine workstation at a rate of 20 per hour and the average process time is 2.5 minutes. a. What is the utilization of the machine? b. Sup
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