Chapter1_Ans - Solutions To Sample Problems From Chapter 1...

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Solutions To Sample Problems From Chapter 1 1.7 a) The focus of the current facility will be compromised. b) The Operations V.P. may be taking a short-term view that could be costly to the firm in the long run. c) In order to maximize the current ROI, the CFO has chosen to limit current investment. This could be a poor long-run strategy decision. d) The reliability requirements for the second application are likely to be much higher. The firm should consider producing these products in different plants. 1.9 Because aluminum is highly energy intensive, production costs are closely tied to energy costs. In the United States, the Pacific Northwest has abundant hydroelectric power, one of the least expensive means of generating power. 1.17 1. Computer-based simulation is useful for trying out process configurations without having to actually effect changes on the operating system. 2. Flowcharting can help to understand how a process is currently working and where improvements can be made. 3. Re-engineering can only work with employee “buy-in” and direct involvement.
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This note was uploaded on 03/15/2011 for the course INDUSTRIAL 8 taught by Professor Dm during the Summer '11 term at Punjab Engineering College.

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Chapter1_Ans - Solutions To Sample Problems From Chapter 1...

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