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refer to problem 1 suppose after a certain amount of discussion the contractor is able to subjectively assess the
a small building contractor has recently experienced two successive years in which work opportunities exceeded the firm
identify three potential unethical actions or inactions related to decision analysis and the ethical principle each
what information does a decision maker need in order to perform an expected value analysis of a problem what options
under what circumstances is expected monetary value appropriate as a decision criterion when isnt it
suppose a manager is using maximum emv as a basis for making a capacity decision and in the process obtains a result in
1 in some instances the outsourced service occurs in a different location while in others it takes place inside the
a new piece of equipment will cost 12000 and will result in a reduced operation cost of 1500 per year what will the
a company manufactures a product using two machine cells each cell has a design capacity of 250 units per day and an
given the following diagrama what is the capacity of this systemb if the capacity of one operation could be increased
the following diagram shows a four step process that begins with operation 1 and ends with operation 4 the rates shown
the manager of a car wash must decide whether to have one or two wash lines one line will mean a fixed cost of 6000 a
a manager must decide how many machines of a certain type to buy the machines will be used to manufacture a new gear
a manager must decide which type of machine to buy a b or c machine costs are as followsmachine costa 40000b 30000c
a company must decide which type of machine to buy and how many units of that type given the following informationtype
a manager is trying to decide whether to purchase a certain part or to have it produced internally internal production
a firm plans to begin production of a new small appliance the manager must decide whether to purchase the motors for
a real estate agent is considering changing her cell phone plan there are three plans to choose from all of which
a producer of felt tip pens has received a forecast of demand of 30000 pens for the coming month from its marketing
a small firm intends to increase the capacity of a bottleneck operation by adding a new machine two alternatives a and
a producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists the
in a job shop effective capacity is only 50 percent of design capacity and actual output is 80 percent of effective
determine the utilization and the efficiency for each of these situationsa a loan processing operation that processes
any increase in efficiency also increases utilization although the upper limit on efficiency is 100 what can be done to