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Up, up, and away is a producer of kites and wind socks. Relevant data on a bottleneck operation in the shop for the upcoming fiscal year are given in the following table: Item Kites Wind socks Demand forecast 30,000 units/year 12,000 units/year Lot size 20 units 70 units Standard processing time 0.3 hrs/unit 1.0 hr/unit Standard setup time 3.0 hrs/lot 4.0 hrs/lot The shop works 2 shifts per day, 8 hours per shift, 200 days per year. Currently, the company operates four machines, and desires a 25 percent capacity cushion. How many machines should be purchased to meet the upcoming year's demand without resorting to any short-term capacity solution?
If a company needs to maintain market position as a leader in its segment and to increase the same in future, the company is carrying out few initiatives like Innovation
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Felicien grows mirlitons (that's Cajun for Chayote squash) in his 100 by 100 foot garden. He then sells the crop at the local farmers' market. Two summers ago, he was able to produ
Assume you are the project manager for a software company and your team is in charge of delivering an update to tax preparation software for the next tax season. The project team h
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Develop an 8 to 10 page marketing plan for a sports enterprise (e.g. professional, school or community program). You will take the position of the manager and develop a plan that y
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