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Northwest airlines runs daily flights from Detroit to Amsterdam. They face a fixed cost of $70,000 for each flight independent of the actual number of passengers on the plane. There are 310 seats available on aplane. One way tickets generate revenues of $600 apiece when used but are fully refundable if not used. On a typical weekday, the airline estimates that the number of no shows will range between 0 and 20 all intermediate values are equally likely.
Discuss the impact of involving your employees in decision-making. What are the pros and cons? Should employees be involved in critical organizational decisions? Why or why not? Pr
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
Examples of Productivity Measures Sales ($)/labour costs ($) Sales ($)/pay ($) Total value of sales (billed) ($)/labour costs($) + investment ($) Sales/salespeopl
There are a variety of theories of motivation, many of which are complementary. Of the main motivational theories described in the text, which theory or theories do you think would
Control Charts for Variables Two complementary charts are commonly used for the statistical control of process variables. One controls the process mean by monitoring the mean
Safety, Health, and Security" Please respond to the following: • Consider your current (or future) place or work and make at least two recommendations for improving the safety a
Do you think the attitudes and bargaining behaviours of the participants in collective bargaining negotiations are more or less important in the final outcome than economic conditi
Your company, ABC Company, uses 100% inspection for all materials and requires zero defect quality of all its vendors. If bad parts are found, it cost $1.00 per part to inspect the
Transformation process
types of manufacturing systems and layout
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