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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 what is the annual capacity with a single 8-hour shift?
A sample of 36 "AA" Alkaline batteries has a mean life of 6 months. The standard deviation of the population is known to be 3 months. Find the 95% confidence interval of the popual
A cost estimate for a given project activity is $6,300; this cost estimate does not factor in personal time. Assuming that an allowance for personal time is 9.5%, the total estimat
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Site Fixed Cost (Annual) Variabl
Explain the facts on which Economic Order Quantity is depend Economic Order Quantity depends on two costs: (i) Inventory procurement costs which consists of expenditure con
Suppose rf is 5% and rM is 10%. According to the SML and the CAPM, an asset with a beta of -2.0 has a required return of negative 5% [= 5 - 2(10 - 5)]. Can this be possible? Does t
What do you think are the most important forces in the external environment creating uncertainty for organizations today? Do the forces you identified typically arise in the task e
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
implantation of operation strategy
Discuss the influence of the four focus areas for HR professionals on solving HRM related issues associated with organizations achieving competitive advantage.
Question 1: What are the various decisions Operations Managers are called upon to make in the manufacturing and service Industries for the various operational areas under his r
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