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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 the organizational (Starbucks) buyers and consumers of your product or service and the factors that influence their purchasing decisions. Discuss how these factors will af
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
what do you understand by line balancing?what happens if balance does not exist?
I have a take home exam that I need to be solved 100 % correct , please . I need it within 23 hours EXACTLY from now please . Thank you so much and I am really looking forward to s
Ask questiondiscuss the advisability of using modular assemblies in manufacturing. what are the advantages and disadvantages #Minimum 100 words accepted
Solve the following problem for the optimal number of clerks: There are approximately 300 customers shopping in Fackert Department Store in Mexico City between 9 a.m. and 5 p.m.
What do you understand by line balancing? what happens if balance doesn''t exists?
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What are the economic and social consequences of prohibiting the replacement of economic strikers?
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