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Your organization plans to acquire 250 new portable computers. The finance vice president has asked you to lead a project team assigned to define users' computer hardware needs and recommended the most cost-effective solution for meeting those needs. Who else (role, department) and how many people would you select to be a member of the team? How would you go about defining users' needs? Do you think that only one kind of portable computer will meet everyone's needs? Should you define multiple computers based on the needs of various classes of end user? What business justification can you define to substantiate this expenditure of roughly $250,000?
Explain Variable costs. Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are: - * Direct production labour co
East Coast Manufacturing, Inc. plans to locate a new production facility in Hartford, Philadelphia, or Baltimore. Six location factors are important: cost per product unit, labor
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A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an average of 93 parts per hour while running. The manager
Objectives of Production and Operation Management Production is an organized activity in a manufacturing organization. Each organized activity should spell out its objectives so
One of the recognized problems that can plague groups and organizations is groupthink. Do some research on the groupthink phenomenon? What is it? When does it occur? What are some
Explain causes of labour turnover. Causes of Labour Turnove: (a) Voluntary withdrawals (through the worker) because of: - Not like for the present job; - Best job
Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c
Pretend you are attending a college if you are not and answer the following questions. Putting together college classes for a given term is no mean problem in production scheduling
Q1. Discuss The global nature of sourcing and distribution Q2. Let's also take a look at some examples of organizations and their training programs. Take some time to research a
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