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The 3M incorporate produces solar cell panels, and the production rate can be 8,000 pieces per day. The demand for the solar panel is 30,000 pieces per month. The fixed cost of setting up a production run is $1,500. The variable cost of production is $100 per item. The holding costs are based on 25% annual interest rate. Assume there are 250 working days a year.
a) What is the optimal size of production run for this kind of solar cell panel?
b) what proportion of each production cycle consists of uptime and what proportion consists of downtime?
Which strategy is assisting in an organisation? Organisational flexibility will assist the organisation accomplish short lead times needed while meeting customer demands, assis
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Evaluate the service to club members and casual flyers by completing a table similar to table 3.1 (see page 70 Operations Management 6xth Edition Nigel Slack)
Your in charge of a project at the local community center. The center needs to remodel one of the room in time for the start of a new program. Delays in the project mean that the c
They have set up two TFSAs for long-term savings. One has a balance of $10,123 ($10,000 contributions, $123 in interest income for one year ). These funds are currently earn
Discuss the validity of the following statement: "Using third-party fulfilment means losing control of fulfilment
Suppose the firm in this example considers a second product that has a unit profit of $5 and requires 2 hours for each unit produced. Assume total production capacity remains 40. U
Summarize the problems of the CEUPU process and suggestions you make to Veronique to improve her process
1. What is the organizational culture of Southwest Airlines like? How does it affect the way the employees behave? 2. What are some potential sources of intrinsic motivation for
1. Education is often used as an indicator of a person's socioeconomic status. Historically, the number of years of schooling completed has been recorded in the census of populatio
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