Establishthe agriculture for a wristwatch by the functional elements to enable high variety manufacturing ( without assuming any particular physical working principle of components ). Establish the commanality plan for family of the models.
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3.Establishthe agriculture for a wristwatch by the functional elements to enable high variety manufacturing ( without assuming any particular physical working principle of components ). Establish the commanality plan for family of the models.
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- Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?Acme Steel Fabricators experienced booming business forthe past five years. The company fabricates a wide range ofsteel products, such as railings, ladders, and light structuralsteel framing. The current manual method of materials han-dling is causing excessive inventories and congestion. Acmeis considering the purchase of an overhead rail-mountedhoist system or a forklift truck to increase capacity and im-prove manufacturing efficiency.The annual pretax payoff from the system depends on futuredemand. If demand stays at the current level, the probabilityof which is 0.50, annual savings from the overhead hoist willbe $10,000. If demand rises, the hoist will save $25,000 annu-ally because of operating efficiencies in addition to new sales.Finally, if demand falls, the hoist will result in an estimatedannual loss of $65,000. The probability is estimated to be 0.30for higher demand and 0.20 for lower demand.If the forklift is purchased, annual payoffs will be $5,000if demand is unchanged,…4b. Manufacturing What are three business strategies that can be used in a manufacturing company?
- KusKus Enterprise wishes to assess their productivity performance for the past two years. Table 1 summarizes all the inputs and outputs at the end of years 2019 and 2020. Table 1: Inputs and outputs data in years 2019 and 2020 Item 2019 2020 Finished goods Quantity (unit) Semi-finished goods Quantity (unit) Price (RM/unit) Completed percentage (%) 45,000 50,000 4,000 1,000 40 50 40 50 Labors | No of working hours/labor Average wage (RM/hour) No of workers Deflator 1,920 1,920 12 17 30 30 1 1.2 Materials Weight of materials (kg) Price (RM/kg) 5,000 6,000 45 55 Overhead Quantity (units) Price (RM/unit) Deflator 12,000 8,000 0.5 0.7 1 1.12 a) Analyse the above inputs and outputs data. Then, calculate the total productivity index for both years 2019 and 2020. Comment on the company production performance in 2020 as compared to 2019. Limit your calculation to one decimal point only. b) Determine which input factor(s) that significantly influenced the company productivity performance in…1. Describe the product Package of Primer Inc. by Identifying the tangible and non-tangible (service) components.2. From an operations management position, why is the company able to charge premium prices? Why are customers willing to pay the premium price?3. Describe the operations of Primer Inc. in terms of the four Vs (Volume, Variety, Variability, and visibility), indicating whether each variable is high or low, and its implication for strategy.4. Explain the role of the following functional areas in supporting the organization’s current operations strategya. Procurementb. Financec. Marketingd. Human Resource Management5. How should each of the following Strategic Operations Management decisions be managed to ensure the success of the company.a. Product and service designb. Managing Qualityc. Process strategyd. Location strategye. Layout Strategyf. Human resourcesg. Supply chain managementh. Inventory Managementi. Schedulingj. MaintenanceFat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…
- 17 Several valueadded activities like combining freight and breaking bulk are done in warehouses. Select one: a. True. b. False.economics of using mechaniz The following are the different phases in the analytical approach and process. Ind k. Establishment of budgetary c h Evaluation of the applicability Preparation of accounting syt d. The primary purpose of MAS is to improve the client firm's use of its capabal Exercise 2: Classification of Services and finance funetions: a Job evaluation and administration Industrial engineering e. Development of management-oriented accounting reporting system d Operations research e Investment management E Development of compensation programs g. Management or operations audit equipment i. and procedures manual i Revision of pension plans of 1. Marketing Cost reduction studies m. Exercise 3: Phases in the Analytical Approach and Process the sequence in which they are performed by writing the corresponding number of If it is not included, write NA. Advising and providing technical assistance in implementing recommendations Seeking and identifying objectives Evaluating and…Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 perunit. 1- Compute the break- even point of the football in unitsand dollars?
- Classify each of the following as a business product or a consumer product:a. Detroit Tigers ticketb. bottle of body lotionc. fleet of delivery trucksd. bulk order of ricee. digital cameraf. GE jet engineCalculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70(a) Explain how the long-run average cost curves will differ between a private hospital and a soft-drink manufacturing company, and discuss how this would affect the optimum output level in each company. (b) Formidable Manufacturing Company has the following cost functions in the short run, where production level, Q is measured in ‘000s of units:?? = 0.5?3 − 2?2 + 5??? = 7(i) Calculate the optimum output level for this company in the short run (ii) Calculate the marginal cost for this company at a production level of 2,500 units(iii) The industry for in which Formidable Manufacturing Company operates classifies its members by the following output:Size Micro Small Medium LargeOutput (Q): 0-1000 1000-3000 3000-6000 >6000In the long run, the AVC for this industry is given by: ??? = 0.4?2 − 3? + 15.Determine the optimum plant size for this industry. (c) In merging with Air Jamaica, Caribbean Airlines sought to gain an advantage from operating with economies of scale. Discuss the ways in…