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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?
The big problem a franchisor faces is maintaining quality control; franchisees do not always exhibit strong commitment to consistency and standardization. WHAT IS ANOTHER problem t
How are different evaluation or rewards systems a source of conflict?
Assume that the company received no government grants and that all the funding for the company has come from VCs. Add an earlier seed round to replace the government funds, and mak
What are the activities of value chain analysis? Activities are business activities the organisation manages so as to add value for example, the product or service is worth mor
Why is it important for a company to orient a new employee to a job? What steps would you take to orient a new employee to do what they are supposed to do?
Perfect Face Cream ran a commercial to showcase its new Wrinkle-Free Face Cream. The commercial showed an older woman with severe wrinkles followed by images of that same woman aft
Discuss the types of evidence that you would look for in order to determine whether a needs analysis has been improperly conducted. How would you know? Why?
1) Discuss the differences between transnationals and global corporations. 2) Compare political risk in the US to that of Egypt. Is there more in one country and what is the imp
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
SUMIT Products Ltd. is a company that produces and markets steel cups, teaspoons, knives and forks for the catering industry. The company was established in 1958 in response to the
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