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A job shop receives an order for high precision formed parts. The cost of producing each part is approximately $20,000. The customer requires that either 4 or 5 good parts be supplied. Each good part sold will yield $30,000. However, if fewer than 4 good parts are produced, none will be purchased. The probability of an individual part being acceptable to the customer is .80. 1/ Determine the optimum batch production quantity given that the job shop has agreed to supply the formed parts. 2/ Is the situation a profitable one for the job shop? I 3/ If not, how must the selling price be changed for the expected profit to be positive?
Describe how Electronic Data Interchange (EDI) has helped transform Business to Business (B2B) operations. Business to business (B2B) operations refers to the way in which buy
DISCUSS THE ADVISABILITY OF USING MODULAR ASSEMBLIES IN MANFACTURING
Sales of vegetable dehydrators at Bud Banis' discount department store in St. Louis over the past year are shown below. Management prepared a forecast using a combination of expone
Stephanie the CEO of XYZ Inc., is trying to increase the level of effort and therefore performance in her company. Based on expectancy theory on motivation she knows that effort do
There are a variety of theories of motivation, many of which are complementary. Of the main motivational theories described in the text, which theory or theories do you think would
What are different benefits & limitations of Waiting Line Theory?
Reread the ethics guide entitled "Using the Corporate Computer,". Choose at least 5 of the scenarios presented and discuss what specific actions you would take to respond to your e
Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important.
The actual demand of the patients at Omaha Emergency Medical clinic for the first six weeks of the year are as follows: week Actual # of patients 1 65 2 62 3 70 4 48 5 63 6
1. Create an IS strategy for your organisation. 2. Give examples of the Data, Information and Knowledge that are used in your organisation. 3. How would the idea of sustaini
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