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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?
Champion v.Dunfee case a) What happened in this case as to why Champion the plaintiff is suing? b) Who did Dunfee try to bring into the case and why? c.) As to the girlfri
A firm that operates 300 days in a year and uses a level material usage approach has collected the following data: Annual Demand = 30,000; Daily Demand = 100; Daily production= 300
Discuss the legality of the hacker's actions as described in the "Hacking into Harvard" article. Explain how investigators may go about collecting evidence if a crime was thought t
Evidence-based HR provides managers with data to make decisions, instead of just relying on intuition. True False
Stakeholder analysis is important in risk assessments for most activities is not important in risk assessments for most activities is usually undertaken at the end of the planning
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50000. He figures it will cost an additional $100 per cord to purchase and split wood w
What challenges does Adam-Woodford face as he develops his five year product roadmap?
Given the information below: 1. Construct a network using the AON (Activity on Network method) like we did in class. See problem 3.4 on page 90 and its answer in the Appendix on
Remember that once you start linking tasks in the Gantt chart, changes might become more cumbersome. What are some tools or techniques that you can use to save yourself some hea
Using the stakeholder analysis template (appendix B2in the Hilton and Simon text) for a company that you are familiar with, determine the key stakeholder, and categorize them by th
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