ENGRI 1270 Homework #9 Fall 2023

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Cornell University *

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1270

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Industrial Engineering

Date

Jan 9, 2024

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4

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ENGRI 1270/ENGRG 2270 Homework #9 Due November 17, 2023 1. A group of students was convened in the year 2002, and they were shown an innovative thumb drive memory unit. They were asked what characteristics they wanted it to have. The comments were as follows: 1. it needs to have enough memory to meet students’ needs 2. It should interface with any computer a student would encounter 3. It must be very reliable, near 100% 4. It should have some way to signal that it is working. Translate these customer requirements into engineering characteristics of the product. 2. A house of quality analysis on a cordless electric leaf blower has identified four highly ranked customer attributes, and a range of lower ranked ones. The engineers have identified seven engineering characteristics. Print out the attached grid, and indicate in the boxes which customer attributes are related to which engineering characteristics. 3. The main use or uses of the house of quality is/are: a. to list customer attributes b. to rank customer attributes c. to show the relationship between customer attributes and engineering requirements. d. all of the above. 4. The roof of the house of quality is used to a. show the relationship of one engineering requirement to another b. show the relationship between customer attributes and engineering requirements c. rank the customer attributes according to importance. d. none of the above. 5. The Lean Launch Pad method summarizes the key hypotheses about the business in a framework called a.the business plan b. the Kendall-Jackson matrix c. a planning grid d. the business model canvas e. customer segments. 6. The Baked Clam is a seafood restaurant in Naples, Florida. They are currently owed $21,000 by a corporation that they catered a series of meetings for. The Baked Clam has $21,000 in . A) accounts receivable B) inventory C) accounts collectable D) accounts obtainable E) accounts payable
7. A company's merchandise, raw materials, and products waiting to be sold are called its . A) set aside B) accumulation C) reserve D) inventory E) stock 8. A financial statement is a(n) . A) set of ratios which depict relationships between a firm's financial items B) estimate of a firm's future income and expenses C) checking account statement from the bank D) itemized forecast of a company's income, expenses, and capital needs E) data in a tabular format that quantitatively describes a firm's financial health 9. are itemized forecasts of a company's income, expenses, and capital needs and are also an important tool for financial planning and control. A) Profitability statements B) Financial statements C) Owners' equity statements D) Budgets E) Statements of cash flows 10. financial statements are projections for future periods based on forecasts and are typically completed for three to five years into the future. A) Chronological B) Pro forma C) Ad-hoc D) Concurrent E) Historical 11. Internal records at AP Corp. show the following for fiscal 2009: Sales Revenue (10,000 units @ $90 each) $900,000 Variable costs Manufacturing $400,000 Selling and Administrative $100,000 Fixed costs Manufacturing $200,000 Selling and Administrative $100,000 What is the company’s breakeven point in annual number of units sold?
12. Spintel is a company that makes one product. Last year they sold 445 units and had revenue of $422,750. Costs for the year were as follows: Cost of goods sold expense $216,420 Selling, General and Administrative Expenses $104,500 Depreciation Expenses $83,800 30% of the Cost of Goods Sold is variable cost, the remainder is fixed, and 50% of Selling, General and Administrative Expenses is variable cost, the remainder is fixed. Depreciation is 100% fixed cost. a) Using the given data, what is Spintel’s break-even number of units? b) If Spintel were able to sell 500 units to customers, what would their profit (or loss) be? Ignore income tax effects.
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Grid for Problem #2 Customer attribute Is Related Is Not Related Engineering Requirement Blows hard and clears leaves Battery Capacity (Amp Hours) Blows hard and clears leaves Motor Power (kiloWatts) Blows hard and clears leaves Mass of Soundproofing Material (kilograms) Blows hard and clears leaves Noise Level (D\decibels, on A-weighted scale) Blows hard and clears leaves Weight of Product (kg) Blows hard and clears leaves Volumetric Air Flow Rate (cubic meters per second) Blows hard and clears leaves Flow Velocity at Outlet (meters per second) Lightweight Battery Capacity (Amp Hours) Lightweight Motor Power (kiloWatts) Lightweight Mass of Soundproofing Material (kilograms) Lightweight Noise Level (D\decibels, on A-weighted scale) Lightweight Weight of Product (kg) Lightweight Volumetric Air Flow Rate (cubic meters per second) Lightweight Flow Velocity at Outlet (meters per second) Long Battery Life Battery Capacity (Amp Hours) Long Battery Life Motor Power (kiloWatts) Long Battery Life Mass of Soundproofing Material (kilograms) Long Battery Life Noise Level (D\decibels, on A-weighted scale) Long Battery Life Weight of Product (kg) Long Battery Life Volumetric Air Flow Rate (cubic meters per second) Long Battery Life Flow Velocity at Outlet (meters per second) Quiet Battery Capacity (Amp Hours) Quiet Motor Power (kiloWatts) Quiet Mass of Soundproofing Material (kilograms) Quiet Noise Level (D\decibels, on A-weighted scale) Quiet Weight of Product (kg) Quiet Volumetric Air Flow Rate (cubic meters per second) Quiet Flow Velocity at Outlet (meters per second)