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Operations managers will always want to know the monetary cost a training project will be. Stating the intrinsic value is important as part of the return, but how would it make or save money if implemented vs the time and cost in delivery? Please share thoughts on this. Provide an example if possible.
Given the following information: sales:48,000,000 CGS:24,000,000 Variable expense:8,000,000 fixed expenses:8,000,000 inventory:6,000,000 account receivable: 3,000
The terms continuous innovation, dynamically continuous innovation, and discontinuous innovation are classifications based on generated sales. production technology. degre
Bloomsday Outfitters produces T-shirts for road races. They need to acquire some new stamping machines to produce 30,000 good T-shirts per month. Their plant operates 200 hours per
phases of Operations Research
Management as a process Much has been written of management as a process of 'getting things done through people', but the seminal work was that of the French engineer and indu
Assume you are the CFO of ABC Corporation, a multi-state supplier of janitorial supplies. The CEO as just met with you and "suggested" your job might depend on your ability to hide
Newt Philly needs to decide where to get a haircut. He has narrowed the choice down to two local hair salons - Large Hair Salon (LHS) and Small Hair Cutters (SHC). During busy peri
A company is setting up an assembly line to produce 192 units per eight-hour shift. The following table identifies the work elements, items, and immediate predecessors. Questions:
Your proposal will have the following elements: (a) State your targeted problem/decision process Examples are: - Hotel Reservation Recommender System - Course Selection
How are these mangers and their companies currently performing?
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