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General Electric implements Lean principles to reduce production costs. Requirements: Calculate the Cost per Unit for manufacturing a turbine that incurs total costs of $1,000,000
- General Electric implements Lean principles to reduce production costs.
- Requirements:
- Calculate the Cost per Unit for manufacturing a turbine that incurs total costs of $1,000,000 and produces 100 units.
- Recommend cost reduction strategies.
- Explain how reducing Cost per Unit supports Lean manufacturing objectives at General Electric.
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan K. Wolcott
2nd Edition
978-0-470-7694, 0470769424, 978-0470769423
