Jose Martinez of El Paso has developed a polished stainless steel tortilla machine that makes it a "showpiece" for display in Mexican restaurants. His forecast of capacity and demand follows: Month 4 220 1 2. Demand Сарacity Regular time Overtime 150 160 130 230 150 10 140 140 160 150 30 20 20 20 Subcontracting: 90 units available over the 5-month period Beginning inventory: 0 units Ending inventory required: 10 units Costs Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Inventory holding cost per unit per month $80 $115 $122 $2 Assume that backorders are not permitted. Using the transportation method, the total cost of the optimal plan is S (enter your respornse as a whole number).
Q: 7. A small business places reorders every two weeks Once orders are placed, four weeks are typicall;...
A: Answer 7 The duration between orders equals the optimal order size divided by annual demand. The a...
Q: In zuman Inc. The expected activity time is 7 weeks, whereas the optimistic time is 12 weeks and mos...
A: Find the Given details below: Given details: Expected activity time (Duration) 7 weeks Optimi...
Q: corrugated carton number of units profit 6 4 0 ...
A: Given- Excel formulation-
Q: What is the relationship between the design of a manufacturing process and the firm's strategic comp...
A: Businesses, either manufacturing goods or providing services need to be competitive to market their ...
Q: Two opposing armies, Red and Blue, must each decide whether to attack or defend. These decisions are...
A: Given, gains of one = loss of another this means probability of attack by one = probability of defe...
Q: Workstation Processing Time Requirements, Per Unit of Product Profit and Weekly Demand, by Product P...
A: An Effective Process Time (EPT) approach is proposed for the structure of total models to address mu...
Q: What are the important factors or considerations in order to achieve an effective Supply Chain?
A: Effective supply chain refers to the supply chain that meets or exceeds the actual demand based on t...
Q: Urgently needed.. Asap
A: Decision Variable: Suppose-A be the proportion of raw material A per gallon of productB be the propo...
Q: Explain the significance of the manufacturing innovation
A: To determine: The significance of the manufacturing innovation. Manufacturing innovation: Manufact...
Q: Nagle Electric, Inc., of Lincoln, Nebraska, must replace a robotic Mig welder and is evaluating two ...
A: Given Machine A Fixed cost = $83,000Variable cost = $13 Capacity = 16,000 units
Q: Explain the operations function and the nature of the operations manager's job
A: To determine: The operations function and the nature of the operations manger's job. Operations: Whe...
Q: Explain/Enumerate the importance of Operations Management in business organizations.
A: Operations management is the cycle that typically schedules, manages, and directs manufacturing proc...
Q: A premium golf ball production line must produce all of its balls to 1.615 ounces in order to get th...
A: Sample data,
Q: (a) Formulate a linear programming model for this problem. c (b) Solve this model by the simplex met...
A: Let us assume that x1 as the Portion of Alloy 1, whereas x2 for Portion of Alloy 2. Likewise x3, x4 ...
Q: Air pollution control activity us going on in the suvera foods which has an expected activity time o...
A: The expected time is the most probable time that the company expects to complete the project success...
Q: Please help me with this homework
A: The SWOT analysis is a way to analyze a company's competition and setting specific priorities.A SWO...
Q: for each of the transportation problems below suggest at least two mitigation measures for each 1. T...
A: Risk mitigation planning can be stated as the technique of creating alternatives and actions to impr...
Q: DAYS IMMEDIATE ACTIVITY PREDECESSORS a A 10 12 B 6. 9. 3. 4 D 10 20 30 A E 6. 7 8 9. 10 11 В, D, E G...
A: Given-
Q: Problem 1 Consider the following simplex tableau. Row z xị r2 13 T4 15 16 17 rs RHS BV 1 0 -5 4 -1 –...
A: Given- Simplex Tableau-
Q: n minutes per operator are shown. What is the capacity of the system? Group of answer choices ...
A: System capacity can be stated as the maximum outcome of a particular item or product mix the system ...
Q: In zuman Inc. The expected activity time is 7 weeks, whereas the optimistic time is 12 weeks and mos...
A: The expected time is the time of the project that the company expects to complete in a particular ti...
Q: Rick Miller has just opened a new bakery in Frisco, Colorado, called Morning Fresh. In performing an...
A: loss = $4 Profit = $2.75 Service level = Profit / (profit + loss) Service level = 2.75 / (2.75...
Q: In the developing nations, a wide rage of policies options to reduce, if not eliminate, poverty and ...
A: I choose India as an example of a developing nation in this answer. Topic: the practice of a develop...
Q: System development and use is not impacted by the variability that may exist in organizational cultu...
A: Organisational culture refers to the ethics,beliefs,rules and regulations which a firm is following ...
Q: Explain the questionnaire design and use examples to describe the pricess
A: A questionnaire is an examination instrument that comprises of a bunch of questions or other sorts o...
Q: NTA Co. uses about 200,000 yards of a particular fabric each year. The fabric costs P25 per yard. Th...
A:
Q: Why is the degree of the customisation an important consideration in the process planning .
A: To be determined: The degree of the customization an important consideration in the process plannig....
Q: 1. A project was planned using PERT with three-time estimates. The expected completion time of the p...
A: Given- Expected completion time (μ)= 40 weeksDesired completion time (x) = 46 weeks or lessVarianc...
Q: time for the activity is 7 weeks . What is the pessimistic time for the new refinery activity.
A:
Q: Use cognitive dissonance theory to explain what is happening in the illustration. Please answer this...
A: Cognitive dissonance theory refers to a situation that involves conflict in attitudes, beliefs and b...
Q: Describe how strategic knowledge management contributes to the preservation of competitive advantage...
A: Strategic knowledge management (SKM) connects with the cycles and foundations associations use to ac...
Q: Customers are served in a process with two resources. The first resource has a capacity of 45 custom...
A:
Q: what can you say about the price movements of the stock? (JFC)
A: Prices of stocks change every day due to the changes in the market forces. This means that the price...
Q: What is Takt time? Calculate the Takt time for an 8-hour day that has two 10-minute breaks and one 3...
A: Takt time is the amount of time available to you to create a product to meet customer demand. It is ...
Q: The simplified modular approach for formwork means what?
A: Formwork is defined as temporary or permanent molds into which concrete and other similar materials ...
Q: An effectively formulated operation strategy is critical to the success of a business, agree or disa...
A: An operations strategy is a set of judgments an organization makes about the production and delivery...
Q: a) Use a 2-month moving average on all the data and plot the averages and the prices. b) Use a 3-mon...
A: The mean absolute deviation(MAD) shows the errors in the forecasted values from the actual values. T...
Q: What can be said of the correlation between the brand of an automobile and its quality? a. The co...
A: A correlation is a digit or form which shows a similarities and common and negative things between t...
Q: Describe training priorities you would recommend for the organization.
A: A Small Introduction about Performance Management Performance management is a framework intended ...
Q: My question is why is it important for professionals to understand technical and recurring problems?
A: It is consoling in tasks when the probability of an adverse occasion happening is limited. In realit...
Q: What is a test plan, exactly?
A: Test Plan is a document describing the scope, approach, resources, and schedule of intended test act...
Q: Project Management
A: given,
Q: DESCRIBE THE CONCEPT OF “SUPPLY CHAIN MANAGEMENT” WITH THE HELP OF EXAMPLES
A: Supply chain management includes the active facilitating of a business's supply-side actions to incr...
Q: The fleet manager for the Southern Company, an electrical utility based in Atlanta (parent of Georgi...
A:
Q: Air pollution control activity us going on in the suvera foods which has an expected activity time o...
A: The expected time is the most probable time that the company expects to complete the project success...
Q: Yost-Perry Industries (YPI) manufactures a mix of affordable guitars (A, B, C) that are fabricated a...
A: Underway and project management, a bottleneck is an interaction in a chain of cycles, to such an ext...
Q: 3.4-15* A cargo plane has three compartments for storing cargo: front, center, and back. These compa...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: When should relationship building between the project manager/other core team members and important ...
A: The realtionships are quite a significant part of any kind of team work or project work. It is quit...
Q: What key obstacles can you identify in the internationalization (achievement of “world class” univer...
A: Internationalization in higher education has advanced from a minor topic to a major component of the...
Q: Assume that the actual sales volume were 1,800; 2,000; 1,700; 1,600; 1,900; and 2,100 for Days 1 to ...
A:
PLEASE PROVIDE DETAILED EXPLANATIONS
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?1.A firm has 77 units of a product on hand. Forecasts of demand are 26 units per week. An MPS quantity of 90 units is planned to arrive in period 3. Customer orders are 29 for period 1, 27 for period 2, and 19 for period 3.What is the projected on-hand inventory at the end of period 3? (use excel to show formulas)
- Jose Martinez of El Paso has developed a polished stainless steel tortilla machine that makes it a "showpiece" for display in Mexican restaurants. His forecast of capacity and demand follows: Demand Capacity Regular time Overtime 1 140 140 20 2 170 150 40 Month 3 130 150 20 Costs Regular-time cost per unit Overtime cost per unit Subcontract cost per unit Inventory holding cost per unit per month 4 230 Subcontracting: 90 units available over the 5-month period Beginning inventory: 0 units Ending inventory required: 10 units Assume that backorders are not permitted. Using the transportation method, the total cost of the optimal plan is $ (enter your response as a whole number). 150 20 $90 $115 $128 $4 5 240 160 20Table 1. Demand of Hairdryer from January to July [Jadual 1. Permintaan Pengering Rambut dari Januari 2021 hingga Julai 2021] Month Demand January February 2800 2870 March 2968 April Мay 3000 3100 Jun 3150 July 3400 a) Calculate forecast future demand for May, June, July and August by using 3 months simple moving average.[hitung ramalan permintaan masa depan untuk bulan Mei, Jun, Julai dan Ogos dengan menggunakan purata bergerak sederhana 3 bulan.] *. Case: Flamingo Educational Services Flamingo Educational Services, a company located in the Tema metropolis, is a nationwide market leader in the publishing and distribution of textbooks for first and second cycle schools. Somehow, Flamingo does not use forecasts for production planning. Instead, the operations manager decides which books to produce and the batch size, based on orders and the amounts in inventory. The books that have the fewest amounts in inventory get the highest priority. Demand is uneven, and the company has experienced being overstocked on some items and out of others. Being under-stocked has occasionally created tensions with managers of the retail bookstores the company works with. Flamingo is on the verge of losing a lucrative contract with the Ghana Education Service over a complaint that the books produced over the last four months have defective binding as well as slight but noticeable variations in print quality and sizes of the…
- Proctoring Enabled: Chapter 12 Computer Simulati. O Help Save & Exit Submit Saved Given this frequency distribution, what demand values would be associated with the following random numbers? (Do not round intermediate calculations.) Demand Frequency 29 1 23 2. 19 3. 29 Random Number Simulated Demand 0.3 0.5 0.9 Mc Graw Hill < Prev 2 of 5 ASUSc. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.Basil's Framing manufactures picture frames in one workshop, which has a practical capacity of 40,000 frames. The variable cost of a frame is $24 per unit, and the fixed costs of the workshop are $392,000 annually. Current annual demand is 28,000 frames. Basil's Framing bought the current workshop because of forecasts that demand for the frames would grow. Required: a. What cost per frame should the cost system report to facilitate management decision making?
- 1. Foxie Owl’s Besty Bagel shop makes fresh bagels. She has to buy raw materials fresh every day for selling on that day. She wants to know exactly how much should she spend on raw materials. Foxie did some analysis over the past month and came back with the following numbers: Daily demand was equally likely to be 200, 225, 250, 275, or 300 bagels. What should be the number of bagels on hand to satisfy a Fill Rate requirement of 96%, rounded to next integer value? Group of answer choices 300 275 286 263 2. Suppose that instead of a discrete demand distribution, Foxie’s shop determines that the daily demand for bagels is normally distributed, with a mean of 250 and a standard deviation of 35. Foxie still wants a Fill Rate of 98%. What is the appropriate level of on-hand inventory for Foxie’s shop? Group of answer choices 263 274 257 27014.26. Calculate the available-to-promise row in the following matrix: Period On Hand = 100 1 2 3 4 5 6 Forecast 50 100 50 100 50 100 Customer Orders 50 125 75 175 45 15 Master Production 200 200 Schedule Available-to-PromiseSolve the following questions Q1. A. From the following forecast determine the monthly inventory balances required to follow a plan of letting the inventory absorb all fluctuations in demand. In this case, we have a constant work force, no idle time or overtime, no back orders, no use of subcontractors, and no capacity adjustment. Assume that the firm does not use safety stock or cushion inventory to meet the demand. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month Forecasted demand 90 220 210 400 612 700 378 220 200 110 100 260 Production days 22 18 21 20 22 20 21 22 20 25 19 20