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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Australia Australia is the only country in the world that is also a continent. It is the sixth large country and the smallest continent. Australia lies between the South Pacific Ocean and the Indian Ocean. It is situated about 11 000 km southwest of North America and about 8200 km southeast of mainland Asia. The name of the country comes from Latin word «australis» which mean southern. The country’s official name is Commonwealth of Australia. The Commonwealth of Australia is a federation of
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There are many presentation topics that college students can select. However‚ a successful presentation is determined by a number of factors‚ thus it is important for a student to understand that an interesting presentation topic will not be enough. To start with‚ students should be armed with the necessary skills to create a captivating presentation. Using images in your college presentation Balance of graphics in your presentation is very important. Although images and beautiful fonts cannot
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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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business. This reduced in profit is due to many factors. As we have seen ‚ wallingford is not operating in full capacity for most days of the week but it is still open for twenty four hours regardless of its operation. The net income is 2.38 percent of he total revenue generated and it shows that operation cost is very high. Having the above mentioned problems and more‚ wallingford can not have a good future unless there is immediate solution for The major challenge the center faces which is maximizing
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1.0 INTRODUCTION Operations management is defined as “the activity of managing the resources which produce and deliver products and services” (Slack et al. 2010 p4). This encompasses the entire activity carried out within the organization. With increasing pressure on organizations to deliver optimally at reduced cost‚ the role of operations has been transformed from that of strategy implementer to one of strategy driver. Operations strategy looks at the patterns of strategic decisions and actions
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Guideline answers to short case study questions– Essential Operations Management Lecturer resources Essential Operations Management Lecturer resources Guideline answers to short case study questions 1 © Alex Hill and Terry Hill 2011 Guideline answers to short case study questions– Essential Operations Management Lecturer resources This document contains answers to the short case study questions contained within each chapter. For extended teaching notes relating to the long case studies
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is more important than the destination (nothing related) 20.) Heir apparent 21.) Honesty is NOT the best policy (both against and then for the topic) 22.) India and China 23.) Iskon (somewhat related to my name) 24.) bubbles in the air 25.) Art of Living (unrelated) 26.) Rural Sector (Related to SOP) 27.) women should remain at home (for the topic) 28.) Politics as a career 29.) Global warming 30.) Dressed to kill (was asked last year also) 31.) Sensitive people donot succeed in life
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