ISyE 6201: Manufacturing Systems Instructor: Spyros Reveliotis Solutions to Homework 1 A. Chapter 2‚ Problem 4. (a) D = 60 units/wk × 52 wk/yr = 3120 units/yr h = ic = 0.25/yr ×$0.02 = $0.005/ yr A = $12 2AD 2 × 12 × 3120 Q∗ = = = 3869.88 ≈ 3870 h 0.005 The time between orders is given by 3870 Q∗ = = 1.24 yr = 14.88 mo T∗ = D 3120 (b) D 3120 units/yr = $12 = $9.67/yr Q 3870 units Q 3870 units Holding cost is h = × $0.005/yr = $9.675/yr. 2 2 The costs are essentially
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2. Individual Level M-PESA’s initial individual level business model focused on the person-to-person transfers‚ but it has grown to include person-to-business and business to business transactions. The former transaction‚ person to person‚ is for facilitating individual’s access to financial services like mobile money transfer and the latter is for mobile payment involving business. Person to Business (P2B) and Business to Business (B2B) M-PESA has evolved into a payment platform that lets businesses
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List questions Case Studies Bella Healthcare India 2012‚ HBS #4441 STRAT MAGT – Internationalization; product development; “local for local” strategy UD: 12/12/2012 Overview and Objectives: The case traces the path taken by an overseas operation from low cost manufacturing to higher value-added activities such as R&D. It asks students to consider the factors driving the evolution and this timing and circumstances that would make it successful. It creates the opportunity to discuss
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Overall the MGI team’s process was appears ineffective and dysfunctional. The MGI team comprisedbrought together diverse team members with a variety of professional skill sets. By adding Henry and Dana from HBS‚ this team attempted to buildt a base to launch the product to the HBS contest. However‚ the team failed to define formal roles and objectives‚ and facilitate effective communication. First of all‚ the MGI team did not havelacked any formal structure and leader. Teams comprisednsisted
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moving the kitchen off-site‚ allows employees and managers to focus on serving customers rather than manufacturing meals. This article is an excellent critique of the production-line approach to service design. Case: Taco Bell Corporation (HBS Case 9-692-058) Taco Bell is a fast food restaurant chain serving Mexican food that is formulated to appeal to the American general public. As of 1991‚ the company had gone through a remarkable transformation and was hailed by the press and industry
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of the service‚ o builds and keeps up-to-date competencies in providing an effective benefits service to customers‚ internal and external stakeholders‚ and o addresses the competency needs of all employees • supporting changes to Housing Benefit (HB) and Council Tax Benefit (CTB) administration procedures‚ for example regulations or advice in Department for Work and Pensions (DWP) circulars‚ with timely local training sessions and/or locally-produced written training material • investing in performance
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Cited: Baker‚ J. J. (2010). Health Care Finance: Basic Tools for Nonfinancial Managers (Baker i). Mississauga (Baker ix?: Jones and Bartlett Publishers . CN‚ W.‚ AJ‚ K.‚ & HB‚ T. (1995). NLRB rule making: the impact of regulatory reform on hospital unionization... The National Labor Relations Board. Hospital Topics. Ray‚ L. (2009‚ September 26). Types of Services in Hospitals. Retrieved from LiveStrong.Com: http://www.livestrong
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Scholarship Application Letter L.L.M. Environmental Law and Energy Policy To Whom it May Concern: After seven years of higher education‚ and over $100‚000 in student loans‚ many of my friends and family are mystified by my desire to acquire one more degree and another $40‚000 of student debt. For me‚ the extra year and the $40‚000 are not a burden‚ but rather a blessing to further my academic endeavors and will surely enhance my future opportunities. While one cannot put a price
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Calyx & Corolla Case Strength: Management Team Ruth Owades- HBS graduates‚ CML Group former director of marketing in retail and direct mail business; successful launched “Gardener’s Eden” under Williams-Sonoma‚ a direct mail business focused on garden implements and accessories. Through her great understanding of direct mail flower business‚ she maintained great relationships with both Growers and Federal Express‚ including growers training and negation on deliver method such as online-tracking
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