A punch press takes in coils of sheet metal and can make five different electrical breaker boxes, denoted by B1, B2, B3, B4, and B5. Each box takes exactly one minute to produce. To switch the process from one type of box to another takes four hours. There is demand of 1,800, 1,000,600,350, and 200 units per month for boxes Bl, B2, B3, B4, and B5, respectively. The plant works one shift, five days per week. After lunch, breaks, etc., there is seven hours available per shift. Assume 52 weeks per year. (a) What is ra in boxes

Post test question number 9 for entering the job market

Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.