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Materials cost are $20 per patient, and overhead costs are averaged at $20 per patient. What is the multifactor productivity ratio for Med-Tech? What does you finding mean?
What is the reliability of the bank loan processing systems? Reliability of bank system= (0.90)(0.89)(0.95) = 0.7610.
What would be the reliability of the bank system above if each of the three components had a back up with a reliability of 0.80? How would the total reliability be different?
Stock is received 5 working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. What is the inventory position immediately after an order has been placed?
Formulate a maximum-flow problem that could be used to determine whether all three projects can be completed on time. Draw the network and write down the LP.
What is the percent change in multifactor productivity if Upton can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs?
Calculate the scheduled completion time and identify the critical path. What is the slack time (float) for activities A, D, E, and G?
What is the percent change in multifactor productivity if the manufacturer can reduce the energy bill by $2000 per day without cutting production or changing any other inputs?
The following data were obtained from a project to create a new portable electronic. What is the Scheduled Completion of the Project?
How much air time per month would john need to use before he upgrades from the occasional user plan to the frequent user plan?
During this time the demand per week for West valves is approximately 80. Compute the EOQ, ROP, optimal number of orders per year, and total annual cost for Western valves.
The maximum daily demand is 550sheets and 560 bars,theprofit per ton is$40per sheet and $35 per bar Determine the optimal daily production mix.
The R&D dept. is planning to bid on a large project for the development of a new communication system for commercial planes. What is the new critical path & earliest completion time?
Gross requirements for A are 20 units in Period 1, 20 units in Period 2, 60 units in Period 6, and 50 units in Period 8. Find the planned order releases for all items.
How much does it currently cost the university to provide police services for football games? What would be the pros and cons of subcontracting this work completely to outside law enforcement agenc
Identify what may be "defects" in their processes and how improvement might be measured. What would you improve and how should the store implemented the changes you are recommending?
What is Lean Six Sigma? Describe the difference between Lean Six Sigma Green Belts, Black Belts, and Master Black belts? Explain the process of obtaining these certification.
Why do you think IKEA's expansion into Europe went so well? Why did the company subsequently stumble in North America? What Lessons did IKEA learn from this experience?
Burger Prince then ran advertisements saying that its pure beef burgers were better than Captain Hooks that used fillers. Which of the following is true?
What is the average value of a loyal customer (VLC)in a target market segment if the average purchase price is $50 per visit, the frequency of reprchases is 12 times per year.
When the value of a loyal customer (VLC) market segment is high, should these customers the given premium goods and services for premium price? if the VLC is low, should they be given less service?
A new minor league baseball team is coming to town and the owners have decided to build a new stadium. What should management do to achieve the highest expected payoff?
Dell Computer's use of information systems to improve efficiency and implement "mass customization" techniques to maintain consistent profitability and an industry lead illustrates which business o
How many units must be sold to realize a profit of $15,000? What other considerations would be crucial to the final decision about making and marketing the new product?
You have heard that many companies use operations management (OM) tools, so decide to ask your supervisor what he thought about this.