Suppose that AlwaysRain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers, which are more expensive but also more durable than the plastic ones. Forecast demand for the next four years is: Plastic 30 Plastic 190 Plastic 360 Bronze 90 Bronze 180 Bronze 360 YEARLY DEMAND 1 (IN 000) 2 (TN 000) 3 (IN 000m) 4 (IN 000m) 44 55 56 17 10 64 67 10 23 6 9 17 20 32 15 50 11 6 15 16 55 15 S 16. Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. The plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. Three bronze machines and only one injection molding machine are available.
Q: The monthly sales (in units) for a refrigerator in April 2021 through September 2021 were as…
A: Month (2021)SalesApril42May56June49July41August56September59
Q: Provide all techniques practiced previously: five (5) techniques for Decisions Making under…
A: There are situations in the business that are uncertain and that make the decision-making complex.…
Q: Little's Law states that Inventory = Flow Rate * Flow Time. A Paint company has 10 colors of Paint…
A: Next, I will determine the flow time in weeks,
Q: At the old city hall, mail was sorted in a glorified closet—not the sort of place you'd expect to be…
A: The story of Steve Kaufmann's embezzlement at Weston's old city hall exposes a troubling example of…
Q: Explain the concept of slowly changing dimensions (SCDs) in data warehousing. What are the different…
A: Modern business intelligence and analytics depend heavily on data warehousing, which enables…
Q: STYLE# STYLE DESCRIPTION. 9562 URIT C/B JERSEY CREW W/STRIPES Current Retail: $28.00 Cost: $11.00…
A: A planned order helps with materials and production planning in the field of supply chain management…
Q: Construct a cause-and-effect diagram showing why a student might be dissatisfied with the cafeteria.…
A: A cause-and-effect diagram is also recognized as a fishbone diagram, The purpose of the…
Q: Describe the process of data warehousing and its significance in business intelligence and…
A: In today's data-driven world, businesses generate vast amounts of the data from various sources, as…
Q: Given a network with the following distances: Build the model and solve the problem using Solver.…
A: Linear programming- Network Flow Models- Consist of a network of sources and destinations. These…
Q: If the order lead time is 4 months, what is the reorder level of the (s, Q) policy?
A: Monthly Demand (D) = 100Ordering cost = 40Purchase price = 12Selling price = 20Inventory holding…
Q: Period 123456 2 3 6 Regular Time: Overtime: Forecast 200 200 300 400 500 200 Subcontracting:…
A: Find the Given details below:
Q: Balancing a process with a fixed sequence of activities will achieve a higher average labor…
A: Labor utilization simply defines the time for which an employee works and does something productive…
Q: A For each network below find the shortest path from A to K and determine its length. Please explain…
A: The shortest path method is used to find the shortest path between two nodes in a graph. This means…
Q: Define Customer Relationship Management (CRM) and explain its significance in modern business…
A: Client relationship management (CRM) is a thorough method for maintaining and managing client…
Q: What are the primary principles, and how do they differ in terms of project management?
A: There are several key principles in project management that drive the successful planning,…
Q: A cell phone company is interested in submitting an order for 20 units of a certain cell phone…
A: Find the given details below: Unit number (N)Cost (L)120021703140412251226807748709651062
Q: Mark Price, the new productions manager for Speakers and Company, needs to find out which variable…
A: Regression Analysis is a statistical method where individuals and corporations can study the…
Q: 1 ES FF A (3) EF 4 Activity (Duration) LS TF LF 11 9 E SF 6 #~*0*B== (4) 18 B (3) FF 5 7 14 5 14 7 G…
A: Find the given details below:Note that, as per the given data we assume that the ES of activity A is…
Q: Line A operates within 5 machines in a row. Each part has to travel from one machine to the next, in…
A: Find the given details below:MachineProduction16502425344045755435
Q: Niki holds two part-time jobs, Job I and Job II. She never wants to work more than a total of 12…
A: Maximum hours a week12Job IJob IIMax.preparation time ( in hrs.)2416Earning per hour$40$30
Q: Problem 13-2 (Algo) The following table lists the components needed to assemble an end item, lead…
A: ItemEndBCDEFGHLead Time31331313Amount on Hand091024102850
Q: You are thinking about the things that can go wrong on your trip home over the Thanksgiving break.…
A: Give dataprobability of flight cancellation = 0.33probability that Walter has a seat for you in his…
Q: IM.51 The BYU-Idaho University Store has 7,800 items in its inventory. The management of these items…
A: Item Class% of ItemsCycle count Interval (Days)A20%20B35%80C45%120No. of items in inventory =7800%…
Q: What are the retailer’s and manufacturer’s costs under this current setup, as well as the total…
A: Economic order quantity is the number of units that should be ordered to keep the total cost to a…
Q: A wave soldering machine failures follow 3-parameter Weibull distribution with ß= 1.6, n = 800 hours…
A: According to the question given data,ẞ= 1.6η= 800 hours y = 500 hoursThe cost of one PM is $ 6000the…
Q: A Mercedes dealer purchases vehicles for $20,000. The annual holding cost is estimated to be 25% of…
A: EOQ -The order quantity that minimizes total annual cost of inventory (TAC)Eoq- Economic ordering…
Q: Using the following table, perform ALL FIVE of the techniques for Decision Making under Uncertainty:…
A: Find the given details below: Given details:DecisionStrong MarketFair MarketPoor MarketLarge…
Q: Analyse the impact of the macro-business environment on Toyota’s organisational change and business…
A: The contemporary business landscape is marked by rapid and transformative changes driven by various…
Q: he following limits-500 hours for pro 50 hours for shipping. The times requir ng table. ion Hours…
A: Preapare the Grid :
Q: materials for each of the four electronic boards. Labour 4,000 3,200 2,808 2,560 1st unit 2nd unit…
A: According to the question, given data learning rate for Labor1st unit = 4,000 hours2nd unit = 3,200…
Q: Lazer Technologies Incorporated (LTI) has produced a total of 20 high-power laser systems that could…
A: Unit no.Cost ($ Millions)Unit no.Cost ($…
Q: The principles of process improvement suggest that an ineffective, inefficient process: O Keeps…
A: Process improvement can be carried out to optimize the time, cost, quality and availability of the…
Q: Identify and describe a tenth best practice you believe is missing from the virtual working world
A: One best practice that I believe is often missing from the virtual working world is "Encouraging…
Q: Business exists in an environment that is always uncertain and unstable. Select one: O True O False
A: Businesses negotiate a dynamic and constantly changing terrain in a world characterised by continual…
Q: The following diagram shows a 4-step process that begins with Operation 1 and ends with Operation 4.…
A: a)The capacity of a process is calculated by the bottleneck process capacity. It is the process in a…
Q: Problem 5-1 (Algo) Determine the utilization and efficiency for each of the following situations. a.…
A: Effective capacity management helps the company with the optimum utilization of resources which is…
Q: Dave Fletcher was able to determine the activity times for constructing his laser scanning machine.…
A: A network diagram shows the link between each task and the duration taken by each activity with…
Q: What is the main purpose of a cost center in a hotel? a) To generate revenue in line with the hotel…
A: Cost centers in hotels are divisions or tasks that assist revenue-producing divisions but do not…
Q: Many hotels will have a variety of guests for overnight stays, meaning their target market may have…
A: A crucial component of commercial success in the changing world of the hotel industry is being able…
Q: For each of the processes: Describe its features, advantages and limitations. Identify situations…
A: Front Office:- Features: The front office refers to customer-facing activities such as sales,…
Q: b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round…
A: Moving average forecast is a method of forecasting which helps to predict the uncertain future. In…
Q: A real estate agent is considering changing her land line phone plan. There are three plans to…
A: A real estate agent has 3 plans to choose from - Plan A, B and C:
Q: what will be the future plan for a pizza shop including the cost, time, reasons in the answer.
A: Welcome to our future vision." We will detail our strategic goals and efforts in this plan as we…
Q: A (5) C (7) 5 QUESTION 2 00 11 F (8) What is the slack time for node B. B Calculate the critical…
A: The network diagram along with the activity durations is given below:
Q: 1. Define Cinflicts. 2. Types of conflicts. 3. Causes of conflicts.
A: For this question, the first three sub-parts are taken for answering purposes, Here, first, I will…
Q: Meals are the flow unit in a process with two sequential resources. The capacities of the resources…
A: Capacity of 1st resource = 28 meals per minuteCapacity of 2nd resource = 24 meals per minuteDemand =…
Q: The information for project X is shown below. What is your recommendation if the imposed penalty is…
A: Critical path method is project management tool (others e.g WBS, PERT). It uses flow chart of…
Q: Draw the network diagram b. Calculate the expected time for each activity. c. Calculate the variance…
A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…
Q: A set of 10 jobs must be processed through a two-machine job shop. The technological orderings and…
A: Find the given details below: Given details:Machine numberProcessing timeJobOperation 1Operation…
Q: What is the optimal value of x and y? What is the minimum value of the objective function?
A: Steps to solve the graphical problem:- 1. Equalize each constraint and determine the values of x1…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 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?Suppose that AlwaysRain Irrigation’s marketing department will undertake an intense ad campaign for the bronze sprinklers, which are more expensive but also more durable than the plastic ones. Forecast demand for the next four years is: YEARLY DEMAND 1 (IN 000s) 2 (IN 000s) 3 (IN 000s) 4 (IN 000s) Plastic 90 32 44 55 56 Plastic 180 15 16 17 18 Plastic 360 50 55 64 67 Bronze 90 11 15 18 23 Bronze 180 6 5 6 9 Bronze 360 15 16 17 20 Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. The plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. Three bronze machines and only one injection molding machine are available. Required: What are the capacity implications of the marketing campaign? (Assume that there is no learning.) In anticipation of the ad…
- Average demand for iPods in the Apple store in Rome, Italy, is800 units per month. The May monthly index is 1.25. What isthe seasonally adjusted sales forecast for May?a) 640 units b) 798.75 unitsc) 800 units d) I ,000 unitse) cannot be calculated with the information givenThe K&R Camera shop sells all the latest cameras and accessories. To meet customer demand, the manager must forecast demand for items she sells. Lately the XR-42S zoom lens has been very popular. Recent monthly demand for this item has been as shown: Number of Lenses Month Sold 1 12 17 2 3 4 15 20 18 23 6.12.2. The manager of the I-85 Carpet Outlet needs to be able to forecast accurately the demand for Soft Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customers will buy their carpets from one of the outlet's many competitors. The manager has collected the following demand data for the past eight months: Demand for Soft Shag Carpet (1000 yd) Month ALE ni bno 1 10 6. 4. 8 14 6. 10 7 9. 8. 12 a. Compute a three-month moving average forecast for months 4 through 9. b. Compute a weighted three-month moving average forecast for months 4 through 9. Assign weights of .55, .33, and .12 to the months in sequence, starting with the most recent month. c. Compare the two forecasts using MAD. Which forecast appears to be more accurate? 3.
- Average demand for iPods in the Rome, Italy, Apple store is800 units per month. The May monthly index is 1.25. What isthe seasonally adjusted sales forecast for May?a) 640 units b) 798.75 unitsc) 800 units d) 1,000 unitsQ1 Given the Supply chain cost for a service is PKR 195 and the customer value is PKR 225. Determine supply chain surplus and consumer surplus. Q2 PizzaHut is a franchise based model which serves customers a variety of pizzas and related products. The service is purely customized. Identify whether the model is push-based supply chain or pull based supply chain. Can we a have push-pull boundary in PizzaHut case? How? Q3 Discuss Qualitative forecasting technique. Explain the situations where we use Qualitative methods. Discuss Delphi forecasting method and its challenge.A restaurant manager with analyzing records of the last 6 weeks summarizes the daily demand figures in terms of the number of meals served as follows (Please fill the empty cells of the following table): Weeks Number of Meals 3-periods Moving Average [Actual - Forecast] (Actual - Forecast)2 1 60 -- -- -- 2 96 -- -- -- 3 103 -- -- -- 4 61 5 122 6 101 1. Which one of the following is closest to the forecast of the next week ( F7 ) for the number of meals to be served daily using the 3-periods moving average method ? a)143 b)95 c)57 d)62 2. Which one of the following is closest to the forecast error ( in terms of MAD ) for the weeks 4, 5 and 6 using the 3-periods moving average method ? a)22 b)29 c)30 d)24 3. What is the forecast error ( in terms of MSE ) for the weeks 4, 5 and 6 using the 3-periods moving average method ? a)641 b)577 c)705 d)897
- » 95 A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Ft = 80 + 25t where Ft = Annual sales (000 bottles), t is in years. Predict annual sales for year 6? 170 230 10 % 6 52 min 42 secsA summary of total charges from a small café’s natural gas bills is provided below: Month kJ Cost October 14 $187 November 17 187 December 30 230 January 35 264 February 33 270 March 20 200 Using regression analysis, the expected cost at 40 kJ would be Question 5Answer a. $296 b. $285 c. $102 d. $162Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 2 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round your answer to the nearest whole number.)