1. Explain how net present value is an appropriate tool for comparing investments.
2. Describe the five-step process that serves as the basis of the theory of constraints.
3. What are the techniques available to operations managers to deal with a bottleneck operation? Which of these does not decrease throughput time?
4. Amy Xia's plant was designed to produce 7,000 hammers per day but is limited to making 6,000 hammers per day because of the time needed to change equipment between styles of hammers. What is the utilization?