What does your knowledge andor research tell you are restrictions that cause lower bound limits Manufacturing has
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Manufacturing has lower bound limits and upper bound limits for any given time period. This means that there is a minimum that should be produced in that time period and a maximum that can be produced in that time period. 1. What does your knowledge and/or research tell you are restrictions that cause lower bound limits? List at least four (2 POINTS) 2. Assume that any company can produce one of anything that they can make - actually, they can. Our previously understood list of causes for lower bound limitations no longer seams valid in this mindset (2 POINTS). If we can truly produce one of anything, what is the driving force behind our decisions for Lower Bound Limits? Here are hints: There are two. They are most often opposing forces There are hints for both of them in the company priorities that we've been discussing. What are they? а. b. 3. Name AT LEAST three factors that limit the amount than can be produced in a time period (Upper Bound Limit) (3 POINTS)? Manufacturing has lower bound limits and upper bound limits for any given time period. This means that there is a minimum that should be produced in that time period and a maximum that can be produced in that time period. 1. What does your knowledge and/or research tell you are restrictions that cause lower bound limits? List at least four (2 POINTS) 2. Assume that any company can produce one of anything that they can make - actually, they can. Our previously understood list of causes for lower bound limitations no longer seams valid in this mindset (2 POINTS). If we can truly produce one of anything, what is the driving force behind our decisions for Lower Bound Limits? Here are hints: There are two. They are most often opposing forces There are hints for both of them in the company priorities that we've been discussing. What are they? а. b. 3. Name AT LEAST three factors that limit the amount than can be produced in a time period (Upper Bound Limit) (3 POINTS)?
Expert Answer:
Answer rating: 100% (QA)
1 The restrictions which attribute to the lower bound limits in any system are as follows Stress fie... View the full answer
Related Book For
Posted Date:
Students also viewed these management leadership questions
-
What does recent research evidence tell us about the impact of most mergers in the financial sector?
-
What does descriptive research tell us about managerial decision making, planning, and problem solving?
-
What does your answer to the previous question tell you about the ease or difficulty of entry into the automobile industry?
-
The common stock of Scarlet Enterprises currently pays a quarterly dividend of $1.75 per share. The dividend is assumed to grow annually at a constant rate of 4.0%. The market beta for Scarlet...
-
Shaw is a lumber company that also manufactures custom cabinetry. It is made up of two divisions: Lumber and Cabinetry. The Lumber Division is responsible for harvesting and preparing lumber for use;...
-
Based on all student records at Camford University, students spend an average of 5.5 hours per week playing organized sports. The populations standard deviation is 2.2 hours per week. Based on a...
-
Zaire Company had a \(\$ 26,000\) net loss from operations. Depreciation expense for the year was \(\$ 9,600\), and a dividend of \(\$ 2,000\) was declared and paid. The balances of the current asset...
-
Rosemary Hanes needs help in scheduling the volunteers working at the local crisis pregnancy center. Create a work schedule that will meet the demand requirements, given that a volunteer will only...
-
13. AAPL paid $3 in dividends last year. You believe AAPL will grow its dividends by 20% per year for the next two years, and at 3% per year after that (to perpetuity). The beta of AAPL is 1 and the...
-
A manufacturing firm produces diesel engines in four citiesPhoenix, Seattle, St. Louis, and Detroit. The company is able to produce the following numbers of engines per month: Plant Production 1....
-
How do you feel about ballet? Or football? Or skydiving? Describe your attitude toward one of the examples above (or you may provide your example). Be sure to identify & explain thethree components...
-
Ratzlaff Company has a current production capacity of 20,000 units for December. You have been asked to analyze the below decision for Ratzlaff. Per-unit costs at this level are: Direct materials...
-
Shocking Company produces and sells two products with the following income statement data in 2015: (in pesos) Product 1 Product 2 Total Sales 300 600 900 - Variable costs 120 200 320 Contribution...
-
A 3mw laser with frequency 7.49e 14hz hits a mirror with normal incidence. Assume all the photons from the laser are reflected from the mirror back to the direction of the laser. what force does the...
-
A chemical plant produces sodium bisulfate in 120 kg bags. Demand for this product is 22 tonnes per day. The capacity for producing this product is 55 tonnes per day. Setup cost is $340, and storage...
-
What are two types of challenges an attorney can make during voir dire?
-
To test the hypothesis that the population standard deviation sigma-6.6, a sample size n-24 yields a sample standard deviation 6.197. Calculate the P-value and choose the correct conclusion. Your...
-
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
-
One question that economics students often ask is, In a market with a lot of buyers and sellers, who sets the price of the good? Therere two possible correct answers to this question: Everyone and No...
-
In the short, readable classic Congress: The Electoral Connection, David Mayhew uses the basic ideas of incentives and information as a pair of lenses through which to view members of Congress. What...
-
Warren Buffett often says that he doesnt want a lot of diversification in his portfolio. He says that diversification means buying stocks that go up along with stocks that go down; but he only wants...
-
Explain why mass transfer correlations for co-flow cannot be used for countercurrent flow.
-
Why are mass transfer coefficients from clean drops higher than mass transfer coefficients in dirty systems? What is the practical significance of this?
-
How do we determine the height of packing required for a concentrated absorber or stripper if \(\mathrm{H}_{\mathrm{G}}\) is not constant?
Study smarter with the SolutionInn App