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Conduct a 10-day simulation of this business. If your firm can obtain another car for $200 for 10 days, should you take the extra car?
What are the four approaches taken by HIM professionals to address the complexities brought on by the introduction of PPS and DRGs?
Shirley Hopkins is developing a program in leadership training for middle managers. What is the slack time for each individual activity?
Hiring and firing costs are negligible. Using the information below, help Midlife manage this transition year by deriving a production plan that will meet demand at the lowest cost.
Assume that the hamburger costs $1.00 a pound. What is the inventory turnover for the hamburger patties? On average, how many days of supply are on hand?
Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ?
What is the probability that the demand will be greater than or equal to a given inventory level (P) such that (or where) expected marginal profit will equal expected marginal loss?
Is this situation a result of poor supervision or employees thinking that there is nothing wrong because everyone else is surfing? Do you think that this is a reflection of our changes in society?
What are the advantages and potential disadvantages to Red Fish, Blue Fish of having China (Liu-sheng TradingCompany) as its sole source of supply? What would you recommend?
Discuss management of the supply chain to implement lean and just-in-time (JIT) operations. Explain the philosophy behind the lean / JIT approach.
Doctor J. is considering purchasing a new blood analysis machine to test for HIV. What would be his profit if he were to perform 5,000 HIV blood analyses?
Transportation costs from each potential location and existing locations are shown in the following table. Determine which location would provide the lower transportation costs.
A company has been producing a product for about a week, and wants to establish the learning curve for the product. They built 8 more units in the following times. Is there a learning curve exhibite
A chocolate maker has contracted to operate a small candy counter in a fashionable store. Solve for the optimal values of the decision variables and the maximum profit.
You are managing a fast-food restaurant with four cashiers. The total arrival rate is 60 customers per hour and the service rate is 20 customers per hour. Calculate utilization rates for each confi
In what ways can the design of a firm's logistics/supply chain network affect its ability to create value for customers through efficiency, effectiveness and differentiation?
Why do inventories cost so much to maintain? Provide some examples of how cost is associated with carrying an inventory. Is there anything we can do to lower this cost, and if so, what?
Is there a bottleneck in the bread-making (i.e. mix-proof-bake) process? If so, where? What is the throughput rate of the entire system in loaves/hr?
Identify companies that have a well known SCM system. Do these companies have anything in common when it comes to their implementation of SCM?
The supplier will absorb all order-processing costs; for orders between 249 and 749 kegs, the supplier will absorb half. What is Low's new EOQ?
How does the database management and design process ensure that your organization's data is maintained accurately, efficiently, and securely?
However, they have a hard time cooperating with each other on mutual company goals. Each one tries to maximize their areas results. How would you handle this situation?
Compute the seasonal index for the four quarters and generate quarterly forecasts for the comming year, assuming annual attendance for the comming year to be 1525
Dealer price at either location will be $90 per car. At what volume of output will the two sites yield the same monthly profit?
The daily demand for a product is approximately normally distributed with a mean of 138 and a standard deviation of 24 units. The order lead time is 9 days.