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30 year mortgage at 10 percent interest rate. Loan amount $300000. 1. What is the amortization schedule for the 1st year (12moonths) 2. What is the remaining balance of the 29years?
define Operational Management Evolution
. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Maurice Mickle white has decided to replant his garden. Show him what the cost is of making an erroneous decision at various stages of the project, starting with conceptual design
Christian runs a small chocolate shop. He manages his chocolate raw material using a periodic review system. Daily demand has a mean of 100 pounds and standard deviation of 10 poun
1)The standard time at Lensco Inc for grinding a set of prescription lenses is 18 minutes. If the typical efficiency for their operations is 80%, and typical machine reliability is
Describe the decision-making view and the process view of operations management. Why are both views useful in studying the field of operations management?
What are two reasons project management is not well done in corporations? Why? What are some specific examples?
1. A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the followi
Riverside Oil Company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while p
A firm owns facilities at six places. It has manufacturing plants at places A B and C with daily production of 50, 40 and 60 units respectively. At points E, E and F it has three w
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