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Given the following data for Albert's fabricating production area: Fixed costs for one shift = $60,000 Unit variable cost = $7 Selling price = $12 Number of machines = 5 Number of working days in year = 340 Processing time per unit = 40 minutes a. What is the annual capacity with a single 8-hour shift? b. What is the capacity with two shifts? c. What is the break-even volume with a single-shift operation? Using Equation 2.1 d. What is the maximum revenue with a single shift? e. What is the break-even volume with a two-shift operation?
Think of a class you've taken in the past. What standards of performance did your professor establish? How was your actual performance measured? How was your performance compared t
Leslie Igles is being sent to Ireland as the new manager of a local subsidiary of a U.S. firm. She has a participatory management style and is known for her ability to relate to th
Explain production budget. A production budget may be made by production manager in consultation along with his assistants after obtaining the sales Budget. A production budg
Why do all managers and supervisors need to have knowledge and skills related to Human Resource management?
1 What advantages can statistical process control methods provide? 2 Explain the significance of common and assignable causes of variability for process control.
how to write the introduction of the plan?
A manufacturing company preparing to build a plant is considering three potential locations for it.
1. Construct and inerpret a control chart for the packing slip data. 2. Construct a Pareto analysis of the errors. 3. What information might a separate char
What do you understand by “line balancing”? What happens if balance doesn’t exist?
Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared
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