The Sample Problem Objective: To prepare a production schedule according to demand forecasts made by the design committee. Constraints: 1. Minimum order quantity at: Hong Kong – 600 China -1200 2. Total order quantity (1st schedule): 10000 3. Almost Half of production to be done each in China and Hong Kong Expected Safe Margin of Production: Average Forecast – 2* standard Deviation |Style |Price |Average |Std Dev |2 * Std Dev |Safe
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Translation Errors in the English Version of Tourism Publications jimay Although many tourism publications have English translations interspersed between passages of Chinese‚ the quality of these translated texts is not so satisfying. Some postgraduates are often engaged in translating Chinese into English; therefore‚ as an English teacher‚ the author thinks it is necessary to discuss the errors in these translation works so as to develop good English taste among students. As for the errors in
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The Principles of Scientific Management and its Applications in Modern Day Organizations Introduction Managers have been continuously trying to figure out the best way to manage the workplace since the start of the industrial revolution. The goal is to maximize production output and minimize cost therefore getting maximized profit while still keeping workers happy and motivated. Different methods have been introduced and tested. But perhaps one of the most influential and popular ideas in management
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Service Revenue | | 60 | 8 | Cash | 300 | | | Accounts Receivable | | 300 | 9 | Cash | 750 | | | Unearned Service Revenue | | 750 | 15 | Accounts Payable | 50 | | | Cash | | 50 | 16 | Accounts Payable | 600 | | | Cash | | 600 | 19 | Cash | 60 | | | Unearned Service Revenue | | 60 | 23 | Cash | 3000 | | | Service Revenue | | 3000 | | Accounts Receivable | 1000 | | | Service Revenue | | 1000 | 23 | Supplies | 1250 | | |
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Draw the Flowchart 1996 Customer Receiving Status 24 Status 40 Status 41 Status 42 Status 20 Parts Supplier I (unit) 8000 500 1500 1000 500 405 500 2000 R (unit/week) 1000 1000 700 405 405 405 405 1000 T (week) 8 0.5 2.14 2.47 1.23 1 1.23 2 What was The Utilization Achieved by CRU in 1996? Utilization = (Inventoy on Rent)/(Total inventory by CRU) =8‚000/14‚405= 55.54% For 1996‚ Calculate The Average Time Spent by a Unit in Each Buffer. 1996 Customer Receiving
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which is Allied rejects John’s offer of $600 000 because both of them seem unrealistic and gives disadvantage to the both parties. So‚ now I can be able to calculate the expected values as below: EV (Node 3) = (1500 000 X 0.3) + (750 000 X 0.5) + (0 X 0.2) = $825 000 EV (Node 5) = (1500 000 X 0.3) + (750 000 X 0.5) + (0 X 0.2) = $825 000 EV (Node 4) = (600 000 X 1.0) = $600 000 EV (Node 2) = (400 000 X 0.1) + (825 000 X 0.4) + (600 000 X 0.5) = $670 000 EV (Node 1) =
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Chapter 11: Problems 2(a‚ b)‚ 4(a‚ c)‚ and 6 2. Ajax cleaning Products is a medium sized operating in an industry dominated by one large firm Tile King; Ajax produces a multi-headed tunnel wall scrubber that is similar to a model produced by Title King to avoid the possibility of price war. The price charged by Title King is $ 20‚000. Ajax has the following short-run cost curve: TC = 800‚000 - 5‚000Q + 100Q^2 a) Compute the marginal cost curve for Ajax answer: Marginal Cost
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ABSTRACT Medical tourism has become a popular option for tourists across the world. It takes into account primarily the biomedical procedures‚ combined with travel and tourism. Medical tourism has been coined by different travel agencies and the mass media to describe the rapidly growing practice of travelling across international borders to obtain cutting edge medical care. Countries like India‚ Malaysia‚ and Thailand are promoting medical tourism aggressively. The key competitive advantages of
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Projects Hydroelectricity Projects Fuel Business Initiatives in Renewable Energy Rosa Phase II 600 MW of coal based generation capacity at Rosa village in Uttar Pradesh. Carbon Credits Back Rosa Stage II is the second phase of the 600 MW coal based generation capacity which became commercially operational in March‚ 2012. Current Openings Of the power generated from Stage II‚ entire 600 MW will be sold to Uttar Pradesh Power Corporation Limited (UPPCL) at a cost plus tariff determined
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gives you a result of 600. Then you take the flow for the wet berries‚ which is 600‚ and divide that by the capacity (600). This gives you 1‚ which is equivalent to 100% (1*100). Since the utilization is 100% and is the highest‚ this lets you know that this step is the bottleneck of the entire scenario. 2. On a busy day‚ what is RP1’s current maximum throughput rate? The maximum throughput rate equals 975 bbl./hour. This is figured by taking 375 (dry berries) and adding 600 (wet berries) to that
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