EIN 4401 Key to Sample Midterm 2 Closed book‚ Closed notes 1. (20 pts) Consider the following information about a small molding company that subcontracts to major toy manufacturers. A set of jobs‚ whose numbers indicate the order they arrived at the shop and ready to be processed are given below. Job | pi | di | 1 | 8 | 26 | 2 | 12 | 28 | 3 | 6 | 32 | 4 | 10 | 35 | 5 | 3 | 38 | 6 | 11 | 48 | 7 | 9 | 50 | 8 | 11 | 51 | 9 | 13 | 53 | 10 | 7 | 64 | a) Schedule the
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Currently in the United States‚ 44 million adults live in poverty. Poverty is defined for a single person as an income level below $10‚830 or less than $22‚050 for a family. The vast majority of the homeless are jobless individuals and families that cannot afford shelter. An astounding 700‚000 to 800‚000 Americans are homeless on a given night and 2.5 million to 3.5 million are homeless at some point during the year. 28 million employed Americans are considered to be at poverty level. About two-thirds
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Abstract Graves Enterprises is a maker of consumer and commercial grade floor care products. The new vice president for Graves Enterprises is responsible for doubling sales in both the consumer and commercial markets within the next year. The new findings of an extensive research suggested that the target market is homeowners‚ females 29-59‚ with a household income of $75-$150K. Consumers and businesses use defined processes for making purchasing decisions. They are two different markets with different
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Lean Manufacturing Principles: A Comprehensive Framework for Improving Production Efficiency by Auston Marmaduke Kilpatrick B.S. Mechanical Engineering‚ University of California‚ Los Angeles B.A. Philosophy‚ University of California‚ Los Angeles Submitted to the Department of Mechanical Engineering in partial fulfillment of the requirements for the degree of Master of Science in Mechanical Engineering at the Massachusetts Institute of Technology February 1997 © Massachusetts Institute
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PROJECT BASED PRODUCTION IN A SOFTWARE COMPANY The article presents a Greek company that develops pioneering software systems for multidisciplinary CAE processes and specially provides the appropriate technical support to the customers in order to use appropriately the specific programmes. The purpose of the current presentation of the company is the understanding of the idea of Project based production through the structure and the way of working in the company. Based on the deductive research‚
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Wausau Equipment Company Case study Wausau Equipment Company has improved their operating profit a lot by introducing lean strategy. The management’s next step should be in making further Lean improvements. As we know‚ “SIMPA” is widely used in Lean process. “SIMPA” stands for Specify Value‚ Identify Value Stream‚ Make it Flow‚ Pull and Always Improving. These phases draw a big and long-term picture to lead a team logically from detecting the problems to solving the problems and make sure that
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CREATING SHARED VALUE For many years leading up to today‚ profit seeking enterprises have been viewed as a major cause of problems in the society and are believed to prosper at the expense of the community. The legitimacy of businesses has fallen and this diminished trust has led politicians to impose tougher restrictions on businesses that cause them to be uncompetitive. The problem lies in the fact that businesses continue to be short sighted in their approach to growth. They continue to look
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Hwang I S 300 Viro Automotive Company Case 1. Describe the supply chain of Viro Automotive Company Viro Automotive Company’s supply chain is currently based on the pull system model; they manufacture and distribute the cars only after they have been ordered by their customers‚ rather than by forecasting demand (push system). After having received the orders from their customers‚ Viro then sends the orders to their own suppliers‚ or members of the supply chain. In this case‚ the main client is the President
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Executive Summary This report is an examination of change process prompted by MEG International‚ a large and reputable Finnish IT organisation. This report explains Enterprise architecture and how it can be applied as a strategy. It explains Zachman’s "framework for enterprise architecture" (Zachman‚ 1987) and the components of its two dimensional matrix. Criticism that Zachman framework is only a taxonomy follows on identifying next framework "The Open Group Architecture Framework" (known as TOGAF)
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MEANING OF PUBLIC ENTERPRISES As state earlier‚ the business units owned‚ managed and controlled by the central‚ state or local government are termed as public sector enterprises or public enterprises. These are also known as public sector undertakings. A public sector enterprise may be defined as any commercial or industrial undertaking owned and managed by the government with a view to maximize social welfare and uphold the public interest. Public enterprises consist of nationalized private sector
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