Operations and Supply Chain Management 9th edition
Operations and Supply Chain Management 9th edition
9th Edition
ISBN: 9781119320975
Author: Roberta S. Russell, Bernard W. Taylor III
Publisher: WILEY
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Chapter 8, Problem 5P
Summary Introduction

To draw: The time required for 30th and 60th units.

Introduction

Human resource is one of the major resource of an organization like any other resource such as capital and raw material. Human resource of an organization includes the individuals who work for the organization. Employees working in the organization are the human resource.

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Include a summary of the requirements for training and certification, as well as some illustrations drawn from real-life scenarios.
You are an experienced machinist with a small tool shop. You have been asked to submit a bid to produce 12 special clamps for a new die that is under construction. You estimate that the material costs (metal and fasteners) for each clamp are $150.00. You also estimate that 10.65 labor hours are needed to produce the first clamp. The value of your labor is $50/hour. From similar orders in the past, you estimate that there is a 90% learning curve for this type of work. Using this information, what is the lowest total bid (cumulative price for 12 clamps) you should submit if you charge a 25% markup on material and you wish to recoup your labor costs? Hint: set up formulas in Excel (see Moodle video). This is a long problem. Round your answer to 2 decimal places and DO NOT include the $ sign or a comma. For example, answer 4567.89 and NOT $4,567.89 Answer: Check
A teacher wanted to know which learning delivery modes (pure online, pure modular, combination of online and modular) is most effective and has the fastest turnaround time in the submission of accomplished activities among her Grade 12 students. She divided the students into 3 groups, gave them the same activity sheets and asked them to submit as soon as it is completed. She then compared the scores and completion time of the 3 groups. Identify the independent, dependent and extraneous variable
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