Business, 18.12.2019 06:31 PeachyPeaches1489
Suppose your manager presents you with the following information about machines that could be used for a job, and wants your recommendation on which one to choose. the specification width is .48 mm. in this instance, you can narrow the set of choices, but you probably wouldn’t make a recommendation without an additional piece of information. (round your answers to 3 decimal places.)
machine cost per
unit ($) standard deviation (mm)
a 20 .050
b 12 .060
c 13 .072
d 10 .064
process cp
a
b
c
d
we can narrow the choices to processes (click to select)c and aa and bb and c.
Answers: 3
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The link between volume of production and the cost of building manufacturing operations is particularly important in industries characterized byanswers: process innovations.product manufacturing.product innovation.process manufacturing.
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Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
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When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.
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Suppose your manager presents you with the following information about machines that could be used f...
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