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The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,420,000 and $1,360,000, respectively. In addition, finished goods inventory is $1,160,000 and sales (at cost) for the current year are expected to be about 64 million.
Express total inventory as:
a) Weeks of supply
b) Inventory turns
Your public school district has experienced unprecedented growth and as a result has built the new 500 student North Park Elementary School. The district has three older and small
Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
What are some drawbacks and risks to a broad generic business strategy? To a focused strategy?
Product Layout - Disconnected Flow any products or components (eg toys, shoes, many electronic components) are required in volumes which do not justify continuous operation,
If Textile Manufacturing, Inc. reduces the hourly wages of its employees so that it can compete with imported clothing, it can anticipate a significant increase in employee theft o
If you became the new manager at restaurant with high employee turnover, what actions would you take to increase retention of employees?
After an all-night study session the day before their last final exam, four first-year MBA students decide to stop for some much-needed coffee at the campus Starbucks. They arrive
How can social returns be measured?
How the expected time estimate is calculated in PERT ? In PERT the expected time estimate is computed on the basis of Beta distribution of time estimates.
1. The chapter mentions the theory of transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers' a
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