centralized or on-site location 4. Whether to inspect attributes or variables * How Much to Inspect? * Typical Inspection Points: * Raw materials and purchased parts * Finished products * Before a costly operation * Before an irreversible process * Before a covering process * Effects on cost and level of disruption are a major issue in selecting centralized vs. on-site inspection * Centralized * Specialized tests that
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productivity = 2‚117 / 2 =1‚058.5 • Lowest productivity = 1‚965 / 4 = 491.25 • Explanation: • There are many possible reasons why the productivity differs when the number of crewmembers increases or decreases. One of it is that as stated on the case the company hires new employees every year. It means that maybe the combination of workers is not effective. For example the best employees were stationed to work together and the average rated employees and their novices were grouped. This is the
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Labor (hours) 20‚000 15‚000 Raw Materials (currency) $20‚000 FC 20‚000 Capital Equipment (hours) 60‚000 5‚000 a. Calculate partial labor and productivity figures for the parent and the subsidiary. Do the result seem misleading? b. Compute the multifactor productivity figures for labor and capital together. Are the results better? c. Calculate raw material productivity figures (unit/$ where $1= FC 10). Explain why these figures might be greater in the subsidiary. 6
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Capital: $10‚000 per day a) What is the labor productivity for these tires? The labor productivity for these tires is … 50 tires/labor hr Productivity = 2‚500/50 = 50 tires per labor hr. b) What is the multifactor productivity for these tires? Productivity = 2‚500 units/50($15) + 20‚000 lbs ($3) + 5‚000 + 10‚000 = 2‚500/75‚750 = .033 tires per dollar c) What is the percent change in the multifactor
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iims-conquest.in Analysis of Indian Wedding Planning Industry Rajesh Kumar‚ IIM L ConQuest Online January 2012 Edition ConQuest‚ IIM Shillong Consulting Club Analysis of Indian Wedding Planning Industry Rajesh Kumar‚ IIM L Introduction Overview of Wedding Industry India is considered to be one of the most sought‐after wedding destinations around the world. Weddings in India are fast gaining popularity among global citizens who flock to the country to solemnize their wedding vows. It is growing at a CAGR
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operating in the highly competitive chocolate products market. In late 2001‚ the main issue facing BCF management involves determining and agreeing on an appropriate strategy for the purchase of extra conching capacity‚ through the implementation of either new in-house developed conching technology or existing conventional conching technology. Other issues that need to be addressed by BCF management include decisions about the timing of capacity change‚ the scale of capacity increase‚ and evaluating
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the following table: Year 1 2 3 4 5 6 7 8 9 10 11 Registrations 4 6 4 5 10 8 7 9 12 14 15 a) Develop a 3 year moving average to forecast registrations from year 4 to year 12. Year 4 5 6 7 8 9 10 11 12 Forecast 4.6 5 6.3 7.6 8.3 8 9.3 11.6 13.6 b) Estimate demand again for years 4 to 12 with a 3 year weighted moving average in which registrations in the most recent years are given a weight of 2‚ and registrations in the other 2 years are each given a weight of 1. Year 4 5 6 7 8 9 10 11 12 Forecast
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once were. As a consultant called in for advice‚ I see several problems in the company’s production as well as quality control. The decline has less to do with “the economy” and more in Toys‚ Inc’s approach to their management of quality. As Stevenson (2012) reminds us‚ “top management has the ultimate responsibility for quality” (pg. 377). The recent moves to make cuts in production costs and layoffs in the design and development departments are going to do more harm than good to the company’s
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London School of Business & Finance (LSBF) MBA / MSc Marketing Module Market ing Management Assignment Title Marketing Management Assignment Type Written assignment Word Limit 3000 words Weighting 50% Student Intake Intake 6 Issue Date 18 Feb. 11 Submission Date 28 Mar. 11 Feedback Date Issued by (Assessor) Debbie Pearson Internal Verifier Kulbir Basra Plagiarism When submitting work for assessment‚ students should be aware of the LSBF guidance and regulations in concerning plagiarism
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Students‚ As you know‚ the Campus Placements Activities have already begun at our Institute. In this connection‚ I would like to share an article (PFB) by Mr. Prashant Yadav‚ CEO‚ Bodhisutra.com‚ and an alumnus of IIT Kharagpur and IIM Ahmedabad about PREPARATION FOR CAMPUS PLACEMENTS. Campus placements: 10 preparation mantras A great first job can go a long way in paving the road for a rewarding career. That’s why campus placements occupy a student’s mind right from the
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