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Johnson's rule gives the optimal answer for which of the following type of problems?
A) Minimize make span in a two machine flow shop
B) Minimize make span in a two machine job shop
C) Minimize make span in a single machine problem
D) Minimize make span in both two machine flow and job shops
Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Provide a few examples of the problems that could result if the
Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine
The Bouchard Company's EPS was $6.96 in 2005, up from $3.34 in 2000. The company pays out 50% of its earnings as dividends, and its common stock sells for $40. a. Calculate the
1. Can the balanced scorecard framework also incorporate benchmarking and the theory of constraints? 2. What's a constraint? 3. Consider your own goals and the resources an
MKD Transportation owns and operates a fleet of container ships and tankers that transport goods around the globe. Company executives have just been contacted by the media with a c
Diversification as a strategy. Consider GE and how large and global it is. What problems do you think GE's most senior executives encounter in trying to stay on top of all th
Discuss the following questions in relation to strategic management: • What factors make up this process? • How important is it to change, and what criteria determine the cha
In a job shop, effective capacity is only 50% of design capacity, and actual output is 80% of effective output. What design capacity would be needed to achieve an actual output of
"Regulatory Organizations" Please respond to the following: • Evaluate the effectiveness of JCAHOs recommendations for emergency preparedness. Discuss which recommendations should
What is the agency problem? What steps can be taken to solve it? Why is it important for managers and organizations to behave ethically?
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