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What do you understand by “line balancing”? What happens if balance doesn’t exist?
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III. For Cas
What is the difference between significance and meaningfulness? Which one is more important to experimental results and why do you think so?
1. How is a standard time determined by time study? Answer: The job is broken into well-defined short elements, which are then repeatedly timed by stopwatch, the worker's rate
Calculate the cost per hire for the following scenario. Show your calculation for partial credit. If you only provide one number, and it is incorrect, I will not know how close you
The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order
Question: You are the Operations Manager at Alien University and one of your responsibility is to manage the supplies of the University. One of your supplier has given you quan
Merk, Inc., produces electronics component on an assembly line. The standard cost for the component is $105 (labor $15, materials $60, and other costs $30). The sellings price is $
The Jackson Company has invested in a machine that cost $70000, that has a useful life of seven years, and that has no salvage value at the end of its useful life. The machine is b
The Electro comp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process fo each is similar in that both require a certain amount of
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