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Operations management - productivity measures

Netty produces Christmas tree ornaments for resale at local craft fairs and Christmas bazaars. She is currently working a total of 15 hours per day to produce 300 ornaments. a) What is Netty's productivity? b) Netty thinks that by redesigning the ornaments and switching from contact cement to a hot-glue gun, she can increase her total production to 400 ornaments per day. What would be her new productivity? c) What would be the increase in productivity?

Subject:

Business

Topic:

Management

Posting ID:

15383

OTA ID:

102799

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Managerial Economics (T-Statistic; F-Test; Null Hypothesis)

Famous Electronics sells TV satellite dishes and has been in business for a number of years. The firm's owner has become concerned about the firm's pricing, advertising, and other competitive strategies. She hired a consulting firm to estimate the demand function for TV dishes. The consulting firm informed her that the demand function was estimated using data gathered from 150 similar firms operating during the past year. Standard deviations of each of the regression coefficients are reported in parenthesis. Qx = 1500 - 0.8 Px + 20 Pc + 0.032 Y + 0.012 Ax (240) (0.17) (4.5) (0.007) (0.002) R2 = 0.25 Standard Error of the estimate = 40.0 wher... click for more

Subject:

Business

Topic:

Management

Posting ID:

15546

OTA ID:

101733

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Managment

What does the gold standard mean today? Does it have a relevance?(explanation needs to be concise)

Subject:

Business

Topic:

Management

Posting ID:

15807

OTA ID:

103139

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what sample size is needed to estimate within 5% points of the actual percentage

In a city with a population of 120,000 determine how many people use blenders, what size sample would be needed to estimate within 5% points of the actual percentage - within a 95% confidence limit. Nothing is known about the probability of success or failure....let s = 0.5

Subject:

Business

Topic:

Management

Posting ID:

16217

OTA ID:

101733

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Optimal Stock Quantity; Supply Chain

Please answer the attached six questions relating to Supply Chain Management.

Subject:

Business

Topic:

Management

Posting ID:

16409

OTA ID:

103058

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