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a firm whether to make or buy a part required in its operation. cost and volume estimate are as follows annual fixed cost make $15000 buy none, variable cost make $60 buy $80, annu
Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
Explain system concept of organisation. System concept of Organisation: a) System is a group of independent although inter dependent elements (termed as sub-systems) that
labour efficiency ratio
Why is it important for a company to orient a new employee to a job? What steps would you take to orient a new employee to do what they are supposed to do?
Calculate the present value of the cash flow stream in problem 2 with the following interest rates- 1. Year 1 = 8% 2. Year 2 = 6% 3. Year 3 = 10% 4. Year 4 = 4% 5. Year 5 = 6% 6. Y
Question: a) Discuss the different types of business relationships a company can have with its suppliers and the factors that influence the choice of the most appropriate type
Does anyone have any insight into Discussion Question, This was not discussed in class.
Solve the following linear programming problem graphically by enumerating the corner points. MAX: 3X1 + 4X2 Subject to: X1 X2 4X1 + 6X2 X1, X2 > 0 First
A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have been identified, and the associated costs and reven
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