Q2/A mobile device store produced 5,000 mobile phones in the first quarter of the year. If you know that the cost of product is 300$ per year, the cost of holding is 100$ and the shortage cost is 50$ per year, calculate : 1- EOQ. 2- Annual cost. 3- optimal order time. 4- shortage allowable quantity.
Q: A sandwich shop has three resources: Mary takes order and prepare bread; Alice prepares filling; and…
A: Given data: Current capacity = 7 sandwiches/day Utilization is = 0.25, 0.46, 070
Q: A company needs to make deliveries on 10 different routes. The time (in minutes) to complete each…
A: This is an assignment problem. Given times for routes, loads and capacities for carriers. Objective…
Q: In linear programming problems, you always need to include a(n) ___________ constraint, to ensure…
A: An approach to optimization for a system of linear constraints and a linear objective function is…
Q: The MRP Planning Horizon must be at least as long as the product lead time Group of answer choices…
A: The span of time a manufacturer will look into the future while developing a strategic plan is known…
Q: In an analyzation of the auto industry in the US using Porter's Five Forces (including the level of…
A: Introduction: Porter five- forces model: A strategic model devised by Michael Porter is most widely…
Q: Materials requirement planning is most closely linked with which capacity module? Group of answer…
A: A technique called material requirements planning (MRP) determines the materials and parts required…
Q: A pharmaceutical company is developing a new vaccine. If company markets the vaccine and it is…
A: Expected value = Output value × ProbabilityExpected value of sample information (EVSI) = EVWSI -…
Q: nning. 3b. Explain one (1) of the factors involved in your choice o
A: When we talk about port operations, we're referring to a set of nautical protocols designed to…
Q: Contrast the traditional waterfall approach with the more modern, unified, logical approach.
A: Here, I would discuss the differences and comparisons between the traditional waterfall approach…
Q: 10. Which of the following is likely to happen due to horizontal mergers between competitors such as…
A: Lower industry competition is typically associated with better industry profitability. According to…
Q: The expected times and variances for the project activities are given below, critical path is…
A: A network diagram related to the project is which shows the set sequence of the task that is done to…
Q: Give some advice that could be useful for adequate change control on projects that include outside…
A: Here, I would present advice for performing adequate change control on projects that include outside…
Q: One of the primary steps in developing world-class performance measures is to define a product's…
A: Performance measurement is commonly understood as the frequent assessment of outcomes and results…
Q: E1 You manufacture a widget and use a C chart to monitor the number of defects associated with your…
A: The number of defects or nonconformities in samples of designated size obtained from a process is…
Q: What are some of the benefits of offering private labels? Explain and give examples: Your answer
A: Retailers can sell items under their own brand name through the practice of private labeling, which…
Q: The project's final products may be affected by how well scope modifications are managed and…
A: Scope modification occurs in a project due to various reasons but one needs to determine how…
Q: that deal with time series data and describe what type of information that could be learned by…
A: A statistical method known as time series analysis deals with trend analysis and time series data.…
Q: Clay Whybark, a soft-drink vendor at Hard Rock Cafe's annual Rockfest, created a table of…
A: Given-
Q: You work for B&B Import and Export Incorporated, who just acquired a new business, Agro Smart…
A: Below is the road map to success from an operations management and supply chain perspective:…
Q: QUESTION 6 (PRODUCT DESIGN: APPLICATION OF DECISION TREE TO PRODUCT DESIGN) A company manufactures…
A:
Q: Can a chain of decisions be built using dynamic programming? I don't know what to do.
A: Dynamic Programming is a concept used in business operations where certain software applications are…
Q: Calculate the On Hand balance for Week 6 in the MRP work sheet below given the following…
A: Ans) On hand in period 0 = 225 Week 1 demand = 75 On hand in period 1 = 225-75 = 150 Week 2…
Q: Only one-third of the 585 mobile app developers and managers who took part in a recent IBM survey…
A: Mobile applications is a part of our daily life. Imagining life without a mobile app seems like…
Q: A product whose EOQ is 120 units experiences a decrease in ordering cost from $90 per order to $10…
A: Companies determine their optimal order size by performing a calculation known as the economic order…
Q: (PERT-CPM) A small project consisting of eight activities has the following characteristics: -Draw…
A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF)= ES +…
Q: Marketing success is very much the art of getting the timing right and delivering on…
A: Organizations may plan, manage, and put into place methods to move and store items using supply…
Q: The assembly time of a certain mechanism is a v.a. uniform in the range of 40 to 60 seconds.…
A: Given data: Range (in uniform) = 40 to 60 seconds Assembly to done = 4000 parts/pieces
Q: This type of meeting is held on a regularly scheduled basis and usually led by the Project Manager…
A: Some of the basic and universal activities performed by Project managers in any project are:…
Q: Apple wants to determine how many iPhone 14 (1) and iPhone 14 Plus (P) models to produce to maximize…
A: Given, Number of iPhone 14 produced is I Number of iPhone 14 Plus produced is P The models need to…
Q: Question 7 is not usually used in the control process for a company practicing Clan Control. O A…
A: Clan Control means dealing with the moral values and relationships of the company .…
Q: A project consist of 5 activities A,B,C,D,E with ES, EF, LS and LF of A (0, 6, 9, 15); B (0, 7, 0,…
A: Slack = LF-LS or EF-ES
Q: Only type answer The police station's call center has 2 dispatch officers, who each can handle…
A: Utilization = lambda / (Mu x Number of servers)
Q: The project information of the project Automated Warehouse Order Picking System is presented as…
A: A network diagram related to the project is which shows the set sequence of the task that is done to…
Q: G H Activity A BCDEFG Normal Predecessor Duration 7 3 ABB А Crashing - Example Crash Duration 6 A…
A: Find the network diagram below: Duration:
Q: You are preparing a return for Florence and Walter. They would like to use Approve Online to…
A: E-commerce has made a lot of procedures easy. One of them is the return procedures for items bought.…
Q: Use a graphing calculator or a computer program for the simplex method to solve this linear…
A: Given-
Q: Palin's Muffler Shop has one standard muffler that fits a large variety of cars. The shop wishes to…
A: The optimal target level is calculate with following formula: optimal target level = Daily demand *…
Q: Supply chain management for amazon ? Full explain
A: Although there are many reasons why Amazon has become the e-commerce giant that it is today, its…
Q: a) find the order quantity for the next period b) how would your answer change if service level is…
A: Operations management encompasses a broad topic called inventory management. Even just reading this…
Q: 9 to complete the marketing campaign? would this have on the critical path and the Problem 3 Hugh…
A: Given data: Bonham, Fixed Cost = $ 800,000 per year Variable Cost = $14,000 per Unit Revenue/Unit…
Q: Question 40 Listen ▶ Which of the following work activities that effectively limits throughput of a…
A: Given data: work activity 1= 240/hr work activity 2= 60/hr work activity 3= 20/hr work activity 4=…
Q: Construct X and R charts using the data in Table
A: Given the table with 4 observations and 5 samples, At n = 4, A2 = 0.729 D3 = 0 D4 = 2.282 x-bar-bar…
Q: Characteristics of break-bulk cargo
A: In transportation and shipping when the goods are handled and loaded in specific bags, pallets,…
Q: Use the earned value table for Project Terrace to calculate their estimated cost to completion
A: Here, I would use the earned value analysis for this project to determine the Estimated cost to…
Q: 16. The Chair of the Operations Management Department at Quality University wants to construct a…
A: Find the Calculation methods below: Central line (Ṗ) = Average of Fraction DefectivesFraction…
Q: The project information of the project Automated Warehouse Order Picking System is presented as…
A: A network diagram related to the project is which shows the set sequence of the task that is done to…
Q: M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates…
A: Economic order quantity is the optimal order quantity which is used to analysis the order size of…
Q: One disadvantage of simulation is that it is limited in the variety of probability distributions…
A: When a subject is too intricate to handle with conventional analytical techniques, simulation is a…
Q: what is the purpose of integrating processes?
A: Introduction: Integration process management refers to the idea of evaluating and analyzing all the…
Q: 7. At what stage in the international product life cycle does a country usually import foreign…
A: An abstract representation of how a corporation develops over time and across national boundaries is…
Step by step
Solved in 2 steps with 3 images
- Q4/ Company produced 1000 pieces of air conditioners per year, the order cost is 6000$, the shortage cost is 10% of order cost and the inventory holding cost is one dollars per item per year. Find 1. number of ordering during the year. 2. The interval between two orders. 3. The annual cost. 4. maximum inventory 5. shortage allowable quantitySuzuki is a company that manufactures motorcycles. It produces 450 motorcycles a month. It buys tyres for motorcycles from Dunlop at a cost of $20 per tyre. The company’s inventory carrying cost per tyre is estimated to be 15% of the cost per tyre. The cost per order is calculated at 250% of the cost per tyre. Rquirement: i) Calculate the EOQ. ii) Determine the number of orders per year? iii) Compute the total cost.Q1/ Company produced 700 pieces of ceiling fius per year, the order cost is 1400S, the shortage cost is 15% of order cost and the inventory holding cost is two dollars per item per year. Find 1. Shortage allowable quantity. 2. to. 3. Number of ordering during the year.
- EOQ for Production Lots ExerciseA Power Company buys coal from a Coal mine togenerate electricity in rural areas. The Coal minecan supply coal at the rate of 3,500 tons per day for$10.50 per ton. The Power Company uses the coalat a rate of 800 tons per day and operates 365 daysper year. The annual carrying cost for coal is 20%of the acquisition cost, and the ordering cost is$5,000.a) What is the economical production lot size?b) What is the Power Company’s maximuminventory level for coal?Q 1 Super K Beverage Company distributes a soft drink that has a constant annual demand rate of 4,600 cases. A 12-pack case of the soft drink costs Super K $2.25. Ordering costs are $20 per order, and inventory-holding costs are charged at 25 percent of the cost per unit. There are 250 working days per year, and the lead time is four days. Find the economic order quantity and total annual cost, and compute the reorder point. Q 2 Environmental considerations, material losses, and waste disposal can be included in the EOQ model to improve inventory management decisions. Assume that the annual demand for an industrial chemical is 1,200 lb, item cost is $5/lb, order cost is $40, inventory-holding cost rate (percent of item cost) is 18 percent. Q3 An insurance claims work area has five claims waiting for processing as follows. Job Processing Time Due Date (Di) 1 22 35 2…Discount-Mart, a major East Coast retailer, wants todetermine the economic order quantity (see Chapter 12 for EOQformulas) for its halogen lamps. It currently buys all halogenlamps from Specialty Lighting Manufacturers in Atlanta. Annualdemand is 2,000 lamps, ordering cost per order is $30, and annualcarrying cost per lamp is $12. a) What is the EOQ?b) What are the total annual costs of holding and ordering(managing) this inventory?c) How many orders should Discount-Mart place with SpecialtyLighting per year?
- Q/ A stockiest has to supply 400 units of a product every Monday to his customers. He gets the product at Rs. 50/- per unit from the manufacturer. The cost of ordering and transportation from the manufacturer is Rs. 75 per order. The cost of carrying inventory is 7.5% per year of the cost of the product. Find:(a) Economic order quantity,(b) The total optimal cost.Calculate total annual cost for the alternative suppliers for aproduct with following characteristics: montly demand; mean: 5000, standard deviation 2000 Holding cost: 30% Cycle service level: 98% Using EOQ formula, find the lot size. Don’t forget to add ordering cost to the total cost! Supplier 1 Supplier 2 Supplier 3 Ordering Cost(per order ) 1000 2000 5000 Cost 10 9 8 Average Lead Time ( month ) 0.5 2 2 Lead time std deviation ( month ) 0.5 1 210 Use the information presented in the graph to answer the following questions: Annual Cost C3 C2 Q1 You are also given the following information: Q1 =450 .Q2 = 700 C1 = 350 C2 = 750 1300 Q2 Order Quantity Which annual inventory cost component does the blue line represent? Total cost Which annual inventory cost component does the green line represent? Holding cost What is the Economic Order Quantity (EQ9) based on th Which annual inventory cost component does the red line represent? Ordering cost 220
- Micro-Electronics Warehouse Headset and Webcam Sale Item Type Reg. Price After Savings Price BuddyChat 200 Headset $34.72 $24.40 BuddyChat 300 Headset $41.27 $34.91 BuddyCam HD Webcam $83.54 $61.46 You have decided to purchase the headset with the greatest markdown percent and the BuddyCam HD webcam in order to take advantage of an "Extra $15 Rebate" offer when you purchase both. What is the markdown percent on your total purchase including the rebate?Given this information:Lead-time demand 600 poundsStandard deviation of lead time demand 52 pounds (Assume normality.)Acceptable stockout risk during lead time 4 percenta. What amount of safety stock is appropriate?b. When should this item be reordered?c. What risk of stockout would result from a decision not to have any safety stock?Q2. An Electrical and Electronics parts manufacturer purchases circuit board for manufacturing electronic circuit board at the rate of OMR 40 per piece from a vendor. The requirements of these parts are 2000 per half yearly and the cost per placement of an order is OMR 40 and inventory carrying charges 20 percent yearly. Calculate the following 1)The EOQ 2)No. of orders in a year, and 3)Time between two successive orders 4)Average yearly cost of Inventory 5)Total inventory cost 6)Total Cost