“HRP is a double-edged weapon. If used properly, it leads not only to proper utilization, but also reduces excessive labor turnover and high absenteeism, and improves productivity”. Explain this statement with suitable example.
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“HRP is a double-edged weapon. If used properly, it leads not only to proper utilization, but also reduces excessive labor turnover and high absenteeism, and improves productivity”. Explain this statement with suitable example.
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- Discuss each statement given below whether its true or false and explain briefly (a) If cycle time is increased number of workers should also be increased to respond to related change. (b) Manual operation time in part production capacity sheet includes both walking and manual processing times (c) There is no diffrence between part production capacity sheets and standard operations routine (d) If operations are simple then order of process and the operations routine are similar to each otherDell uses a time-based strategy with the aim of reducing the delivery time needed to fill orders of computers this is an example of manufacturing time reduction : True or False?C&A uses two steps to make a toy. Step 1 takes 20 seconds. Step 2 takes 15 seconds. Each step is staffed by one worker, for a total of two workers. Each worker is paid $15 per hour. Each toy is sold for $20. Material costs are $5 per toy and fixed costs are $500 per hour. Assume demand is unlimited. Answer the following questions.a. How much profit does C&A make per hour?b. What will be the impact on C&A’s profit per hour if the processing time of step 2 is reduced to 10 seconds?c. Demand rate is 120 toys per hour. How much profit does C&A make per hour? Assume the worker's pay is a variable cost.
- Collecting Performance Data Gigantic Life Insurance has several batch jobs that run on Windows 10 computers overnight. The batch jobs are scheduled overnight because they require all the performance capability of the computers and must be completed by morning for staff to perform their regular work. The batch jobs always use approximately the same amount of data, but occasionally they are not finished in the morning, resulting in lost productivity. Describe how you would determine the cause of the slow processing.The break-even point is:a) adding processes to meet the point of changing productdemands.b) improving processes to increase throughput.c) the point in dollars or units at which cost equals revenue.d) adding or removing capacity to meet demand.e) the total cost of a process alternative.Which of the following is an inherent assumption in the Resource based view of the firm?
- A 2011 study published in the Harvard Business reported an average cost overrun of ... Select one: a. 70% b. 27% c. 15% d. 88% On of them is not consider tool or techniques to assist in schedule development: Select one: a. PERT b. Critical chain scheduling c. Gant chart d. MTA matrix tractability array cost is “ a resource sacrificed or foregone to achieve a specific objective Select one: True False Intangible costs or benefits are ...... Select one: a. easy to measure in monetary terms such as gold b. difficult to measure in monetary terms c. easy to measure in monetary terms such as dollar d. easy to measure in term of time planFAST PLZ 6-A manager who reviews the previous performance and compares it with the current one for improvement, is performing which management function? Controlling Directing Staffing PlanningA linear programming computer package is needed. EZ-Windows, Inc., manufactures replacement windows for the home remodeling business. In January, the company produced 15,000 windows and ended the month with 9,000 windows in inventory. EZ-Windows' management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable because it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the production capacities, and the storage capabilities as shown, the management team does not think a smooth production schedule with the same production quantity each month possible. February March April Sales forecast 15,000 16,500 20,000 Production capacity 14,000 14,000 18,000 Storage capacity 6,000 6,000 6,000 The company's cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by $1.00…
- A linear programming computer package is needed. EZ-Windows, Inc., manufactures replacement windows for the home remodeling business. In January, the company produced 15,000 windows and ended the month with 9,000 windows in inventory. EZ-Windows' management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable because it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the production capacities, and the storage capabilities as shown, the management team does not think a smooth production schedule with the same production quantity each month possible. February March April Sales forecast 15,000 16,500 20,000 Production capacity 14,000 14,000 18,000 Storage capacity 6,000 6,000 6,000 The company's cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by $1.00…A linear programming computer package is needed. EZ-Windows, Inc., manufactures replacement windows for the home remodeling business. In January, the company produced 15,000 windows and ended the month with 9,000 windows in inventory. EZ-Windows' management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable because it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the production capacities, and the storage capabilities as shown, the management team does not think a smooth production schedule with the same production quantity each month possible. February March April Sales forecast 15,000 16,500 20,000 Production capacity 14,000 14,000 18,000 Storage capacity 6,000 6,000 6,000 The company's cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by $1.00…1.Briefly discuss value analysis and how can this concept be expanded. 2.Using a plausible example, explain why, and in what circumstances, workflow toolsare useful