Does the point of view of the deming award framework
Assignment:
Q: Why is "Voice of Customer" the starting point of everything a company does from the point of view of the Deming Award Framework?
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Are you more or less inclined to start an entrepreneurial venture now than before you took the class?
The present machine can be sold on the open market for $14,000. The cost to remove the old machine is $2000. Which are the relevant costs for the old machine?
A machine that has been used for one year has a salvage value of $10,000 now. If a new drill press has an EAC of $7000, when should the drill press be replaced?
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Why is "Voice of Customer" the starting point of everything a company does from the point of view of the Deming Award Framework?
Compare the after-tax annual costs and decide whether Machine A should be retained or replaced by Machine B. Use a 10% after-tax rate of return.
How would your calculations change if the present market value of the defender is $25,500?
What was the depreciation life used with the defender asset (the old egg sorter)? Calculate the after-tax cash flows for both defender and challenger assets.
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