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Q: Identify when fixed-position layouts are appropriate

A: Layout planning decides on the best physical structure inside a facility for all services that occup...

Q: An electronics firm is currently manufacturing anitem that has a variable cost of $.50 per unit and ...

A:

Q: Describe how the following kanbans operate:b. Kanban squares

A: Kanban is a visual framework for handling work as a process passes through it. Kanban visualizes bot...

Q: You are asked to analyze the kanban system of LeWin, a French manufacturer of gaming devices. One of...

A:

Q: The scope of an internal auditing engagement is initially defined by the(1) engagement objectives.(2...

A:  The correct answer is (1) engagement objectives.

Q: The Department of Defense Directive (DoDD) 8140 (formerly 8570) provides guidance and procedures for...

A: Providing of a clear direction to the contractor along with the objective criteria against which the...

Q: How do the information requirements of managers differ by management area?

A: Managers in every organization have lots of responsibility to run the operations, they have to make ...

Q: Describe the difference between independent and dependent demand and give an example of each for a p...

A: Demand and supply are two concepts wherein, the company relies in these two. Company needs to estima...

Q: Use trend-adjusted exponential smoothing to forecast the firm’sAugust income. Assume that the initia...

A: Given Initial forecast=65000Initial trend = 0So regression equation in standard form Y=mX+C can be w...

Q: Experts predict that the Internet, social media, and e-business will continue to expand along with r...

A: Due to an increase in social media, many small businesses have had to change the strategies. Social ...

Q: Explain what favorable PESTEL factors support LEGO’s efforts.

A: PESTLE Analysis of Lego examinations the brand on its business strategies. Lego PESTLE Analysis look...

Q: Search the Internet for the word “risk” to see how this is used in different contexts, e.g. in media...

A: Risk is any uncertainty which can take place at any time. In organizations, they can control interna...

Q: Explain the role of operations management in business.

A: Decision making refers to choosing or deciding the alternative that best suited to all the circumsta...

Q: The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag...

A: Forecasting is very crucial for any business and nowadays businesses are surviving because of foreca...

Q: Exeter Mines produces iron ore at four different mines; however, the ores extracted at each mine are...

A:

Q: Economic feasibility analysis determines profitability and financial feasibility determines if a pro...

A: A.True.

Q: Which of the determinants of service quality involves having the customer checking the building and ...

A: The correct answer is Security.

Q: Distinguish among a payroll master file, a W-2 form, and apayroll tax return. Explain the purpose of...

A: Payroll is a system which manages the payments and deduction of the employee. A payroll contains gro...

Q: Which of the following documents is most likely to be used in the expenditure cycle. Select one: O a...

A: Expenditure cycle refers to that cycle of business where companies track their all expenditure made ...

Q: Based on a literature review, provide a detailed discussion of the factors that are most important t...

A: Job statisfaction refers to the feeling of contentment or a sense of accomplishment, which an employ...

Q: Describe a flexible manufacturing system. How does itdiffer from a cellular layout?

A: A more completely automated version of cellular fabrication is a versatile production method. In ord...

Q: Double- and Multiple-Sampling Plans

A: A Sampling plan is extensively used in research studies that provide a detailed outline of all the m...

Q: It costs $300 to buy a lawn mower from a lawn supply store. Assume that you can keep a lawn mower fo...

A: The problem can be solved by spreadsheet modelling as under The optimal strategy is to use the equip...

Breakeven Analysis

Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.

Process analysis

The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.