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Johnson Industries received a contract to develop and produce four high intensity long distance receiver/transmitters for cellular telephones. The first took 2000 labour hours, and cost $39000 worth of purchased and manufactured parts. The second took 1500 labour hours, and cost $37050 in parts. The third took 1450 labour hours, and $31000 in parts, and the fourth took 1275 labour hours, and cost $31492. Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, what should Johnson estimate time and parts costs to be for the dozen units. (Hint: there are two learning curves--one for parts, and one for labour).
Consider this: Lee Peterson has invented a new product that detects water leaks due to broken pipes and sends out an alarm similar to a smoke alarm. However, Lee has very little pe
what is continuous improvements
What do you do when the doctor dictates a decimal such as "point 1"?
A manager states that his process is really working well. Out of 1,500 parts, 1,477 were produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, ho
Observation Methods: The observation methods is the most commonly used methods especially in studies relating to behavioural sciences. In a way we all observe things aro
Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centres in different regions of the country. For one of its products, a high-speed modem pric
1. Explain the quantitative foundation of Six Sigma, and discuss how following the phases of the DMAIC improvement lifecycle ensures that the quantitative aspect of the approach
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If you can think of a business plan to enhance to online education programs at school?
Optimal Capacity Determination For a given capacity of a plant the average unit cost of production of a product decreases as the output rate( say in number of units produced p
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