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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?
What are some processes losses that are likely to occur in teams such as those at ICU Medical Inc? How can these processes losses be avoided?
A power plant in California uses coal at the rate of 100,000 pounds each day. It also uses MRO material at the rate of 1,000 pounds each day. The coal comes from Wyomung and the MR
You are to produce a report on the 'Animal Farm' Case Study that identifies the significant ambiguities, records your assumptions, and explains your design decisions (with your UML
When it comes to how a team is designed (i.e., members, communication, goals, norms, etc.) and team leadership, which of the following statements is most true based upon the studie
Under what circumstances is a code of ethics most and least likely to be effective? Why?
Ergonomics Inc. sells ergonomically designed office chairs. The company has the following information: Average demand = 54 units per day Average lead time = 30 days Item u
Describe how to actually calculate earned value
Three ways in which the restaurant can engage in socially responsive activities in the commununity within which it operates
In a double sampling plan the two acceptance numbers are: c1 = 8 and c2 = 12. The number of defectives found in the first sample is 9. Therefore, a second sample is taken. What is
Acting as supervisor for a company of your choice, draft two examples of formal company e-mails to employees. The first email will be good-news message delivering information
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