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Home-Style Cookies Case 1. Briefly describe the cookie production process. The company uses batch processing system‚ wherein the process begins when the management gets orders from its distributors. Production schedules are then made which are based on the orders received. In the beginning of every shift‚ a list of the cookies to be made that day is delivered to the person in charge of mixing. The ingredients needed are activated through a master list containing all the ingredients to ensure accuracy
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Bill → 4 + 10 + 12 + 2 = 28 mins Path A is critical so the TFT is 36 minutes [c]. The flow time efficiency is 36/60 = 60% Problem 4.2 [a] The flow chart of the process is as shown in Figure TM-4.1. Figure TM-4.1. Flow chart of the Kristen Cookies Process flow Flow unit = 1 order of 1 dozen the theoretical flow time is 26 minutes. This is determined by adding the activity times from start to finish for 1 dozen cookies. [b] Flow unit = 1 order of 2 dozen. To determine the theoretical
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Case 9‐2 Innovative Company Descriptions ACC invested capital Debt Preferred stock Capital Common stock structure Gale & Yeaton’s shares Common shareholders’ equity of IEC Income statement Income after income taxes but before interest costs and tax savings Interest expense Tax savings Net income after income taxes‚ interest costs and tax savings. Preferred dividend expense Net income after preferred dividends Common shareholders’ equity Return on common shareholders’ equity Proposal 1 Formula
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Kristen Williams Growing up‚ most parents and educators tell children to be successful and live a happy life you have to attend college. However‚ this is not always true. People who do not obtain a college degree are not necessarily unsuccessful. Some people are intellectually challenged and have disabilities that do not let them perform at a high level. Also‚ America’s economy has risen drastically that some households cannot afford college tuition. College is not for everyone‚ and there
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CASE 9-1: LOW NAIL COMPANY Question 1: Using the EOQ methods outlined in chapter 9‚ how many kegs of nails should Low order at one time? The EOQ formula is: EOQ = √ 2 (annual use in units) (cost of placing an order) / annual carrying cost per item per year = √ 2 (2000) (60) / 2 = √ 120‚000 = 345 kegs per order Note the 2 in the denominator. That is because‚ on average‚ the rented warehouse space is only half full‚ which‚ makes the average warehousing cost per keg be $2. Question 2: Assume
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Kristen Jaymes Stewart was born in April 9‚ 1990 in Los Angeles‚ California. She is an American actress and a Hollywood star. She is best known for playing Bella Swan in The Twilight Saga .She is Hollywood’s top earning actress in 2012. She won 20 awards since 2008 – 2012 John is a stage manager and television producer Joles is a Hollywood script supervisor and filmmaker Cameron Stewart is working as a grip. He sometimes accompanies Kristen to some Public Events Robert Pattinson is an English
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Case 9 1) According to the financial statement and financial-ratio analysis of Horniman Horticulture‚ the revenue of this company kept growing from 788.5 thousand (in 2002) to 1048.8 thousand dollars(in 2005). In addition‚ the growth rate of revenue generally rose from 2.9% to 15.5%‚ even though the benchmark was only -1.8%. Moreover‚ in general‚ the margin‚ NFA turnover‚ ROA and ROC rose toward and above the benchmark from 2002 to 2005. To conclude‚ the profitability of Horniman Horticulture was
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1. Draw a flow chart of the cookie-making process (you can hand-draw and scan). See the last page. 2. How long (the throughput time) will it take to fill a rush order of 1-dozen cookie? Assume no other cookies are currently in process. Use a Gantt chart to help with the analysis and attach the screen shot of the Gantt chart. 6+2+1+9+5+2+1=26 mins 3.What is the cycle time? How many orders can you fill in a night (4-hour period)? Does your answer depend on the size of the
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Brooke Longo and Emily Kirslis Human Resources Management – MGMT 140 - 005 April 24 2013 Case 9 – Employee Selection and Training at Meadowbrook Golf and Golf Ventures West Summary Meadowbrook Golf is headquartered in Championsgate‚ Florida and is a leader in golf course management‚ maintenance‚ and supplies in the United States. The company is made up of four companies: Meadowbrook Golf provides the management‚ International Golf Maintenance provides the maintenance‚ and Golf Ventures East
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