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- How do I do this? Down Creek Boots (DCB) is a boot manufacturer (fictitious) that focuses on making high-quality leather work boots, with prices ranging from $200-$350. After being successful in this market for over 30 years and developing a positive brand reputation and loyal customers, DCB has decided to broaden their line to include leather hiking boots. While these share some characteristics with work boots, the design will be slightly different and different soles will be used. They are fairly confident annual demand will be between 30,000 and 40,000 pairs in the first year, and expect a 10% growth rate in sales for the next few following years. However, in their plant in Minnesota, DCB currently has little excessive capacity. Thus, to make the new boots, DCB will either need to expand their plant, or outsource production to another boot maker. If they outsource production of the boots, they will outsource production to a firm that has the manufacturing capability to produce them…6.10. NanoTech is ready to begin production of its exciting new tech- nology. The company is evaluating three methods of production: (A) a small production facility with older equipment, (B) a larger produc- tion facility that is more automated, and (C) subcontracting to an elec- tronics manufacturer in Singapore. The costs of each alternative are shown below. Determine for what level of demand each production process should be chosen. Process Fixed Cost Variable Cost A $200,000 $40 $600,000 $20 2$ $60Please add one SPM tool per category: Web-based, mobile, and desktop applications Compare three goods in each category using at least five features. Choose the best option in each area and rationalize your choice.
- TRUE OR FALSE 4) Cost plus fixed profit encourages contractors to finish work slowly. 5) On average, design consumes about 10% of total construction project cost.Open source software is a software that provides access to the program's code, which means that it can be freely modified. Often organizations must decide to build custom software or purchase a commercial software package. Discuss how open source software might impact the build verses buy decision.Mont Corp produces and sells 1,000 dining tables per year. Currently its only quality problem with the products is related to varnishing. It currently incurs $400 per year for quality training and $600 per year for reliability engineering. Inspection cost is $6 per unit, and all units produced are inspected. Traditionally, at an internal inspection, 9% of all units fully-produced are found to have problems with the varnishing, and are reworked. Rework cost is $100 per unit. Defective units sold to customers are returned to the company and reworked. External failures are 1% of units sold, and the company incurs the shipping costs at the rate of $20 per unit. In 2020, management are considering an alternative method of inspecting products which will reduce inspection cost by $1.50 per unit. The alternative method will reduce the internal failure to 4% of all units produced, and increase the external failure rate to 6% of all units sold. In addition, with the alternative inspection…
- Six Sigma has a lot of tools Johnny can use. Be the community college professor in Oxbow, Texas, and explain which tool or tools you would use and in what order. What would each tool enable Johnny to do?- In about 300 words, write a part-by-part description of a Canon digital camera. Include at least FIVE parts in the description using the information provided in the table below.For each of the following problems, (a) draw the cash flow diagram; (b) present clean and clear manual solutions to the problem; (c) highlight the final answer (only the final answer as required by the problem) by enclosing it within a box. The following are five proposed projects being considered by an engineer in an integrated transportation company for upgrading an intermodal shipment transfer facility for less than truckload lots of consumer goods. The interrelationships among the projects, and their respective cash flows for the coming budgeting period are shown. Some of the projects are mutually exclusive. Also, certain projects are dependent of others that may be included in the final portfolio. Using the PW method and MARR=10%, determine what combination of projects is best if the capital to be invested is limited to $48,000. Projects B1 and B2 – mutually exclusive Projects C1 and C2 – mutually exclusive and contingent on the acceptance of B2 Project D – contingent on…
- The correct implementation of new product development process helps minimize the risk of product failure. Executives at an automobile manufacturing company conducted a brainstorming session for selected employees This session resulted in a large number of ideas for developing new cars after extensive R&D, The executives are now assessing the suggested ideas to allow only the best among them to pass to the next stage 1. Identify the current stage of the new product development process. 2. Define the stageDescribe what would be an effective approach to the conceptualisation, drefting and implementing of quality system in a project that you are familiar with.What concept provides guidance and direction for consistent, efficient implementation of BPR projects? (Answer in Appendix D)