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The forecasted demand for fudge for the next four months is 140, 160, 90 and 70 pounds. A) What is the recommended production rate if a level strategy is adopted with no back orders or stock outs? What is the ending inventory for month 4 under this plan? B) What is the level production rate with no ending inventory for month 4?
functions of o.m
A plant layout should be designed in such a manner that it will provide safety and security of employees at all costs. Optimum plant layout calls for high operating e
Answer the following questions: 1) What is the difference between a task dependency and a task constraint? 2) Give a real-world situation when you might used the foll
Please explain in detail what you would do for the following scenario: A good friend of yours from college who had a wild reputation is applying at your company. The HR manager cat
Question: S&V Industries manufactures book cases. Different sizes of cases are kept in inventory. The company has 80 man-hours and 36 pounds of wood available each day. 2 pounds of
Paradise land management case study
1. Is Skinner's idea of operational focus just as relevant today? (Give a considered opinion - with examples.) Answer: The answer is yes. There are physical limitations in many
What do you understand by “line balancing”? What happens if balance doesn’t exist?
You are working on a project that has 12 activities. You determine that the critical path consists of only five activities. You then compute the variances for the five critical pat
George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment optio
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