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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
Calculate the total cost for those quantity discounts which might be less than the EOQ, if any. Comparing total cost, what is the order quantity which has the least total cost?
I am 90% confident that these two lines are not producing the same product and that they need to be shut down and adjusted." How can he say this with such a small sample size?
Is there a recall on 2011 Cruz for the the trunk latch? It opens when you barely touch the remote. even when it is in your purse or pocket.
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.
However, each time an investigation has not revealed any assignable causes. What are some of the possible explanations for not finding any causes? What should the manager do?
If the demand for A is 300 units and the demand for B is 500 units, how many of each should be produced in order to maximize their corporate profit?
Defective rate is still at 1% if in fact, exactly two of the five are defective in this sample? Should the assembly process be temporarily shut down to find out what's wrong, or not?
Sold at a particular store have been recorded and are given as follows: {210, 220, 222, 224, 218, 222, 227}. What is the forecast for the next period given this information?
Compose a 1-page paper draft for each a large, medium and small lodging property, discussing the benefits and liabilities of operating the selected property size.
How well will the new resources would be utilised relative to the current operations? recalling the capacity of 12 surgeons and 5 operating rooms, could the hospital really perform this many operati
other processes to focus on continuous improvement and improve productivity in order to assess affects on efficiency and profitability.
Explain the role and behaviors of the operations manager in addressing the major aspects of service quality. Please provide examples.
Write a 250 word description and importance on operation management's classic performance objective Quailty.
The design capacity for engine repair in our company is 80 trucks per day. The effective capacity is 40 engines per day. The actual output is 36 engines per day. Calculate the utilization and effici
How many will they have to sell per year in order to break-even? If they sell 1500 units in a year, what is the probability that they will have a profit?
How many units should they purchase at a time in order to minimize the costs associated with holding and ordering their inventory?
Variable cost would increase to $1.00, but their volume should increase to 70,000 units due to the higher quality product. Should the company buy the new equipment?
The design engineers have established an upper specification limit of 22 and a lower specification limit of 18. What is the process capability index?
Can you please explain the difference between the two systems, and how I am supposed to calculate the "Reorder Point" (ROP) and "Period of Risk" for both systems?
What amount of safety stock is appropriate? What risk of stockout would result from a decision not to have any safety stock?