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OPS571 Week1_Process Design Matrix and Summary

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  • Submitted On 09 Jan, 2015 12:27:19
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OPS571 Week 2 Homework Assignment | Complete Solution

For labor the following learning was experienced:

Unit 1 to 2 = 1500/2000 = 75%, so b = 0.75, n = ln (b)/ln (2) = -0.415 and K = 2000.

Labor for the third unit: Y (3) = 2000(3)-0.415 = 1267

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OPS 571/OPS571 Week 2 Quiz (21/21) 100%

1. An advantage of a make-to-stock process is which of the following?
It responds directly to customer orders
It allows the firm to avoid inventory costs
Rapid delivery of a standard product
All uni...

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