m7 and 8 solve both please The customer may participate in the design of, and in the delivery of, services.TrueFalse Simultaneous performance of the various stages of product development is known asO A. advanced engineering.B. manufacturability and value engineering.C. concurrent engineering.O D. business engineering.

Services refer to intangible 'activities' or 'benefits' that a business provides to meet the needs…

Answered: Simultaneous performance of the various…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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ABC Apple Juice Company produces and markets fresh fruit juice. During the apple harvest season, trucks bring apples from the fields to the process plant during a workday that runs long hours from 7AM. On peak days, approximately 3,000 kg of apples are trucked in per hour. Trucks dump their contents in a holding bin with a storage capacity of 9,000 kg. When the bin is full, incoming trucks must wait until it has sufficient available space. A conveyor moves apples from bin to the processing plant. The plant is configured to process apples at the rate of 2,000 kg per hour. Trucks arrive uniformly between 7:00AM to 5:00PM. Each truck holds about 1,000 kg of apples. The truck drivers are paid at the rate of $10 per hour. As ABC makes fresh juice, it does not store apples. Processing plant starts at 10:00AM and ends when all the apples received during the day have been processed. It takes 2 hours to clean the empty plant that must be kept ready for the next day production. Trucks are owned…
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The State U doctoral program in business admits anaverage of 25 doctoral students each year. If a doctoralstudent spends an average of 4 years in residence at StateU, how many doctoral students would one expect to findthere?
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18. The Two-Rivers Oil Company near Pittsburgh transports gasoline to its distributors by truck. The company recently contracted to supply gasoline distributors in southern Ohio, and it has $600,000 available to spend on the necessary expansion of its fleet of gasoline tank trucks. Three models of gasoline tank trucks are available. Truck Model Capacity (gallons) Purchase Cost Monthly Operating Cost, Including Depreciation Super Tanker 5,000 $67,000 $550 Regular Line 2,500 $55,000 $425 Econo-Tanker 1,000 $46,000 $350 The company estimates that the monthly demand for the region will be 550,000 gallons Of gasoline. Because Of the size and speed differences Of the trucks, the number Of deliveries or round trips possible per month for each truck model will vary. Trip capacities are estimated at 15 trips per month for the Super Tanker, 20 trips per month for the Regular Line, and 25 trips per month for the Econo-Tanker. Based on maintenance and driver availability, the firm does not want to…
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Simultaneous performance of the various stages of product development is known as O A. advanced engineering. OB. manufacturability and value engineering. OC. concurrent engineering. O D. business engineering.