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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?
the purpose of the design activity in companies is to come up with products/services which willsatisfy the needs of customers/clients. which one of the fololowing statements is inc
What are the standard rules of overtime pay? Provide examples of why it is not always simple to administer. Address issues such as double pay, pyramiding, compulsory overtime, and
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Assignment of Process layout of any company
Which of the following items best depicts the Define Scope process? A. It begins by determining product scope / deliverables and culminates in a project scope statement. B. It be
Your company, a large online high school, is planning to implement a new innovative social networking technology for their students. The technology would allow students to get to k
Give an essay on Porter's 5 forces industries (the auto or shoe industry) A 75 to 100 words/references.
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Are restatements of the law written and revised by congress and state legislatures true or false
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