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There is a fixed cost of$50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. The revenue per unit is projected to be $45. Expression for total cost? Expression for total revenue? Expression for total profit? Find break-even point.
penality
. What do you understand by “line balancing”? What happens
Please explain in detail what you would do any why for the following scenario: You have just finished a large scope of work and an important subcontractor has sent you her bill. Up
steps in designing process layout
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Is the 'focused factory' concept described by Skinner applicable in the service sector? Answer: Yes, think of Schmenner's service-process matrix and the lower quadrant entitled
Vision Tec, an advanced technology company in the Midwest, is developing their new Vision System product for the lucrative Pharmaceutical Market. This system uses a high-resolution
Productivity Measurement In Productivity measurement, we identify the factors affecting productivity and divide them into two major categories: external and internal. We ident
The workplace is moving from career ladders to career tracks, with employees accepting responsibility for managing their own careers. Elaborate on this new phenomenon, discussing s
Explain the purpose of realistic and contrived tests as part of the installation of a new system. Both of these tests contribute to a critical activity prior to the changeover
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