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Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)
Assume that Patricia decides to use the following weights for the critical success factors. Would this change her decision? Explain.
Regarding the five objectives of operation management, What implications do these objectives have for how the company conducts its operations?
A company runs one shift a day, 240 days a year to with a total input production of 925,800 units of a product annually.
Holding inventory cost $10 per item month. Setups in a period cost $100. No backorders are allowed.
Your company's main process has a UCL = 343.6, an LCL = 340.3, and a standard deviation of 0.47.
What would be your cost-saving suggestion (based on the sensitivity analysis)? Find the optimal solution.
Determine how many employees the company would require in each quarter, using these aggregate plans.
Your company's manufacturing facility uses work cells. Each cell has a design capacity of 248 units per day and an effective capacity of 224 units per day.
A company randomly selects 50 shipping records every day to determine the number of orders that are shipped late.
The operations manager estimates the assembly time required for the first two units to be 20 hours and 18 hours.
You and your company have just received 6 units of a special subassembly from an electric parts manufacturer at a price of $320 per unit.
If 600 defective light bulbs are found in the sampled bulbs, what would the 3-sigma lower control limit be? Show all work.
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload.
Is Starbucks able to balance the triple bottom line and reinforce its culture of corporate and social responsibility?
Discuss how you would ensure that the traditional challenges of integration- access to and retrevial of data, lack of sufficent analytical skills.
Assume work center I works continuously and that they wish to minimize idle time. Data appear below in hours.
Comment on the changes in productivity according to the two measures, and on which one you believe is the more pertinent for this situation.
Research in operation management about General Electric Company. Discuss: - Introduction - Brief description and history of the company
A company investsin various types of security. They have $9 million for immediate investment and wish to maximize the interest earned over the next year.
A company manufactures stamped steel products. Increasingly, foreign producers are undercutting the company's prices.
A company manufactures a product in the U.S and sell it in England. The unit cost of manufacturing is $50.
A company manufactures three products, A, B, C. The sales volume for A is at least 50% of the total sales of all three products.
Your company manufactures components for a major computer manufacturer. Your products have had some persistent quality issues.
A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25%.