CH2 HW
.docx
keyboard_arrow_up
School
Mercer University *
*We aren’t endorsed by this school
Course
560
Subject
Industrial Engineering
Date
Apr 3, 2024
Type
docx
Pages
11
Uploaded by MasterFangSquirrel37 on coursehero.com
ISE 460/560
Chapter 2 Homework: all six problems
I1
=Demand of Component/((1−d1)
∗
(1−d2)
∗
(1−d3))
=1,000(1−3%)×(1−5%)×(1−7%)
=1,167 units
I2
=Demand of Component/((1−d2)
∗
(1−d3))
=1,000(1−5%)×(1−7%)
=1,132 units
I3
=Demand of Component/((1−d3))
=1,0001−7%
=1,075 units
The scrap values and scrap cost at each step:
Process 3
=I3−Demand of component
=1,075−1,000
=75 units
Scrap cost
=Scrap cost at Process 3
∗
Process 3 scrap value
=$15×75
=$1,125
Process 2
=I2−I3
=1,132−1,075
=57
Scrap cost
=Scrap cost at Process 2
∗
Process 2 scrap value
=$10×57
=$570
Process 1
=I1−I2
=1,167−1,132
=35
Scrap cost
=Scrap cost at Process 1
∗
Process 1 scrap value
=$5×35
=$175
Total scrap cost
=Scrasp cost for process 1+ Scrap Cost for process 2+Scrap cost for process 3
=$175+$570+$1,125
=$1,870
Reversed scrap rates system:
I1
=1167 units
I2
=Demand for component/((1−d1)
∗
(1−d2))
=1,000(1−3%)×(1−5%)
=1,085
I3
=Demand for component/(1−d1)
=1,0001−3%
=1,031
The scrap values and scrap cost at each step:
Process 3
=I3−Demand for component
=1,031−1,000
=31 units
Scrap cost for process 3
=Scrap value of process 3
∗
scrap cost at process 3
=$15×31
=$465
Process 2
=I2−I3
=1,085−1,031
=54
Scrap cost for process 2
=Scrap value of process 2
∗
scrap cost at process 2
=$10×54
=$540
Process 1
=I1−I2
=1,167−1,085 =82
Scrap cost for process 1
=Scrap value of process 1
∗
scrap cost at process 1
=$5×82
=$410
Total scrap cost
=Scrasp cost for process 1+ Scrap cost for process 2+Scrap cost for process 3=$465+
$540+$410=$1,415
Conclusion:
I would prefer the second system where the scrap rates are reversed as we can see that the scrap cost in this system is less than the scrap cost in first system
Given:
d1=5%
d2=5%
d3=10%
d4=2%
First, convert failure rate to reliability.
Reliability of Component 1 is:
R1
=1−d1R1
=1−5%R1
=1−5/100R1
=0.95
Reliability of Component 2 is:
R2
=1−d2R2
=1−5%R2
=1−5/100R2
=0.95
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help