TEAM ASSIGNMENT NO. 4 LOCATION PROBLEMS Problem No. 1 A) Based on Labor cost only‚ which location would be most economical to product the items? Data: LOCATION LABOR COST UNITS PRODUCE Cambodia 6 laborers @ $3/day= $18.00/day 40 China 10 laborers @ $2/day= $20.00/day 45 Billings‚ Montana 2 laborers @ $60/day= $120.00/day 100 COST OF GOODS PER UNIT LOCATION Labor cost per day/productivity COST PER UNIT Cambodia $18.00/40 $.45 China $20.00/45 $.44 Billings‚ Montana $120.00/100 $1.20
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writing about the 1st amendment in this project.I am in the view of a lawmaker so I have to chose the best one for my prospective as of a law maker.And I thought the 1st amendment was the best. Also my team chose to Canada as our country where we are making are laws‚ but we only got to chose 5 amendments.We pick the 1st of course‚ the 3rd ‚the 4th ‚the 5th ‚and the 8th.We have one teacher two lawmakers and 2 citizens in our group.To learn more keep on reading. The history of the 1st amendment was
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Mrs. Stevenson Who is this Mrs. Stevenson‚ you may ask. Well‚ she is the main character of the drama‚ “Sorry‚ Wrong Number”‚ by Lucille Fletcher. In the story‚ she tried to call her husband‚ but heard a conversation about murder plot to kill a woman alone in her house. She tries to stop this murder from happening and gets people to help her‚ but more and more problems form as the play goes on. Some these problems may have formed because of her traits. Some of Mrs. Stevenson’s traits are that she
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Lecture Six Q. 1) Describe the steps in the selection procedure in an organization. (20M) Selection is a long process‚ commencing form the preliminary intervieew of the applicants and ending with the contract of employment. Diagram 1 shows a generalized selection process. In practice‚ the process differs among organizations and between two different jobs within the same company. Selection procedure for senior managers will be long-drawn and rigorous‚ but it is simple and short while hiring
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PERSONAL DEVELOPMENT AND REFLECTION THROUGHTOUT THE SEMESTER Introduction Core Business Skill is a task where I learnt how to improve on my basic skills and improving on personalize learning journal I have learnt many things that have not occurred before in my life. The main attempt here is to explain what I have gain throughout the whole semester. This task can help me boost on my Essential skill such as study skills‚ personal development skills and quantitative skills. This is not an easy
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Waiting Line Questions Render with A PROBLEMS 1. A waiting line meeting the M/M/1 assumptions has an arrival rate of 4 per hour and a service rate of 12 per hour. What is the probability that the waiting line is empty? Po = 1 - λ/μ = 1 - 4/12 = 8/12 or 0.667. (The variety of queuing models‚ easy) {AACSB: Analytic Skills} 2. A waiting line meeting the M/M/1 assumptions has an arrival rate of 4 per hour and a service rate of 12 per hour. What is the average time a unit spends in the system
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Homework Assignment 2 Solution Question 1: (True / False) (20 Points) Answer this question in a table with the question number and the selected answer (True or False) in separate columns as shown below. Question Number Answer 1 2 … 10 Grading 2 points each 1- The feasible solution space only contains points that satisfy all constraints. 2- Graphical solution to linear programming problems can handle problems that involve any number of decision variables. 3- The
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MANAGEMENT DEVELOPMENT PROGRAMME (MDP) OPERATIONS AND SUPPLY CHAIN MANAGEMENT Question at the end… TABLE OF CONTENTS 1 Section A – 1 1.1 Question 1 1 Introduction 1 Scenario 1: The Bombay Tiffin Box Suppliers Case Study 1 Scenario 2: The Shipping and Transportation Case Study 2 Conclusion 3 2 Section B – 3 2.1 Question 2 3 Introduction to the Performance of Four Suppliers to King Pie 3 2.1.1 BMO Service Agreement with Spar 4
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Trenton Paul 1. How is strategic management illustrated by this case story? Strategic management involves all basic management functions like planning‚ organizing‚ leading‚ controlling‚ and all of these areas are illustrated by this case story. Strategic management is illustrated in this case story when Mr. Ortega opened his first Zara clothing store and the business model of the company was to “sell high-fashion look-alikes to price-conscious Europeans. Strategic management is illustrated in this case
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STUDY OUTLINE FOR CHAPTER 1 INTRODUCTION TO Operations Management 1. Operations management deals with the design and management of products‚ processes‚ services and supply chains. It considers the acquisition‚ development‚ and utilization of resources that firms need to deliver the goods and services their clients want. 2. What are the three basic functions in business organizations? 1)operation‚ or product service knowledge 2) finance 3) marketing 3. A supply chain consists
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