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The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. Find the annual holding costs. Find the annual ordering costs.
The average arrival rate is 12 students per hour, and the average service rate is 20 students per hour. What is the utilization factor?
Which of the following is not true of vendor analysis? It involves an examination of the function of purchased parts or raw materials.
Construct a c-chart for test errors, and set the control limits to contain 99.73% of the random variation in test scores. What does the chart tell you?
Explain why a bank teller, nurse, or flight attendant must have service management skills. How do the required skills differ for someone working in a factory?
Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. What is the average holding cost per year? What is the average setup cost per year?
Prepare a table of entities and logical DFD for the Erickson Inc. Erickson, Inc. sells pluming supplies to contractors in the northeast region of the United states.
she will consider resigning her family's membership. Explain the structures of equity and nonequity memberships. Provide examples to support your explanation.
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, What is the annual cost for storing item X?
Each vanilla cake requires 40 minutes of baking time and uses 1 egg. Eight hours of baking time and 30 eggs are available. Formulate an LP to maximize the farmer Jones's revenue.
find examples of two companies that are using approaches to busting bureaucracy. Discuss the techniques these companies are applying.
Give an example or two of how forecasting is used in our personal and professional lives. Explain the benefits of using a forecasting system.
Tucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average price of $0.5 million each. Hand fit a line (or do a regression using Excel).
Compared to manufacturing, service requirements tend to be more time dependent, location dependent and volatile.
Assume all other costs and revenues are the same no matter where the company is located.What should E-Education do - Create a decision tree and an influence diagram?
supervisor is involved in a significant fraud involving diverting of company assets to personal use. Briefly describe the steps you might take to resolve this dilemma.
You are in charge of organizing a dinner-dance for a local charity. You have reserved a hall that will seat 100 people, and you've hired a band. What would the scope statement be?
develop the following data for scanner connectors used in one work cell. How many kanbans do you need for this connector?
Stan estimates that it will cost $24,000 to set up the process and then $1.82 per unit for labor and materials. Either choice would have the same cost at approximately how many units?
Determine the expected completion time and variance for each activity. Determine the total project completion time and the critical path for the project.
Using PERT, Harold Benson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months and the project variance is 4.
What are some of the challenges faced by marketers as they attempt to define their target markets? How necessary is it to fine-tune your Marketing Plan so that your target market is clearly defined
Assume also that you can crash an activity down to 0 weeks in duration and that every week you can shorten the project is worth $250 to you. What activities would you crash? What is the total crashi
Compute the multifactor productivity measure for each of the weeks shown for production of chocolate bars. What do the productivity figures suggest?
James Omar is the owner of Omar Transportation and is trying to forecast the cost of transportation from Erie. Use the WMA method of forecasting with weights of 5, 2 and 3 and generate a forecast for