1- A manager can always choose whatever layout he/she feels that it is more beautiful for the company (true or false) 2- Exponential Smoothing gives always better results than any other similar method used for time-series forecast (true or false) 3- While setting the cycle time as the maximum possible will result in more output rate (True or false)
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- OPERATIONS MANAGEMENT A retail shopping chain decided to improve its customer service, productivity and reduce its transportation costs by shifting its existing central warehouse to a new location. For this purpose, the company collected data of its existing three retail shops as shown in Table 1. Table-1 Sales Volume X and Y Coordinates Location (in Units) of the location Location - 1 36 (8, 4) Location – II 29 (4, 9) Location IlI 15 (5, 5) Question-1: Evaluate the data in Table - 1 to arrive at the coordinates of new central warehouse which is supposed to be optimum and improve the productivity of this retail chain Explain all the steps. A grocery shop based in UAE found that its inventory strategy of ordering the raw material is not appropriate. Due to this, the company's productivity has been consistently decreasing in the recent past and the production also stopped many times due to the non-availability of raw material and increased the stock-out costs and total inventory cost.…1) Create a business scenario/description. 2) Based on the business description created, construct an Order Processing flow chart that is appropriate for the business.A manager must whether to buy machine A or B. Machine costs are as follows: A $52,000 each; B $100,000 each Product forecast and processing times on the machines are as follows Processing Time per unit (minutes) Product Annual Demand A B 1 8,000 2 18,000 3 10,000 Assume that only purchasing costs are being considered. Which machine would have the lowest purchase cost and how many of that machine would be need? Machines operate 8 hours a day 250 days per year. The machines differ in hourly operation costs. The A machines have an hourly operating cost of $12 each and B machines have an hourly operating cost of $30 each. What is the operating cost per year and which alternative should be selected to minimize total cost (for the first year) while satisfying the processing requirements? Edit Format Table 12pt v Paragraph v BIUA ev T?v||: MacBook Air esc 80 888 DII F1 F2 F3 F4 F5 F6 F7 FR @ # $ % 1 2 3 4 5 7 8. Q W E R T Y A S D F G < CO
- The Union Manufacturing Company is producing two types of products: A and B. The demand forecasts, batch size, and time standards follow: Demand forecast (units/yr) Product A Product B 1,000 4,000 Batch size (units/batch) Processing time (hr/unit) 20 10 3.2 4.5 Setup time (hr/batch) 10 20 Both products are produced on the same machine, called Mark I. 11) Using Table 4.1, what is the total number of hours required of Mark I equipment for the next year? A) fewer than 29,000 hours B) between 29,000 and 30,000 hours C) between 30,000 and 31,000 hours D) more than 31,000 hoursOwners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract more customers. They have collected data from Friday and Saturday nights, their busiest times of the week. During these time periods about 75 customers arrive per hour for service. Given number of tables and chairs, and the typical time it takes to serve a customer, they the owners estimate they can serve on average about 100 customers per hour. Owners of the restaurant anticipates that, in one year their demand will double as long as they can provide good service to their customers. How much will they have to increase their service capacity to in order to stay out of the critical zone? (Roundup your answer to the next whole number.)The following data for 2021 are available for Canlubang AutomotiveCompany which manufactures and sells a single automotive product line.Unit selling price = 4Unit variable cost = 20Total fixed cost = 200,000a.) What is the break-even point in units for the current year?b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000to 30,000 units (show complete solution)
- 8. A process is designed to produce 2,000 units per hour. The process has a scrap rate of 2 percent and an 8 percent inherent inefficiency. Assuming that the actual output of the process is 1,750 units per hour, what are the process design capacity, available capacity, actual capacity, capacity utilization, efficiency, and output gap for this process?Ben’s Garage Lately the owner of Ben’s Garage, a popular beer and burger establishment in the business district of a large town, has noticed that lunch sales have drifted steadily downward since the new 1950s-style diner opened up around the corner. The owner of Ben’s Garage has not had any customer complaints and has a great, experienced staff. The diner has been in operation for only three months and is very eye-catching, with lots of neon and shiny chrome. The owner takes a look around Ben’s Garage. She notices several tables with coasters under them to keep them from wobbling, and 80 out of the 125 vinyl chairs have tears or cigarette burns on them. In addition, the skylights need professional cleaning, and the sign outside needs replacement. She also received a notice from the fire department that each tenant in her building must install a sprinkler system within 90 days in order to satisfy new fire code requirements. The owner puts together some cost estimates on these projects.…Avis Company is a car rental company that is located three miles from the Los Angeles airport (LAX). Avis is dispatching a bus from its offices to the airport every 2 minutes. The average traveling time (round-trip) is 20 minutes.a. How many Avis buses are traveling to and from the airport?b. The branch manager wants to improve the service and suggests dispatching buses every 0.5 minutes. She argues that this will reduce the average traveling time from the airport to the Avis offices to 2.5 minutes. Is she correct? If your answer is negative, what will the average traveling time be?
- please answer correctly. The selections are either BETA or ALPHA Mariah Enterprises makes a variety of consumer electronic products. Its camera manufacturing plant is considering choosing between two different processes, named Alpha and Beta, which can be used to make a component part. To make the correct decision, the managers would like to compare the labor and mulifactor produclivity of process Alpha wilth that of process Beta. The value of process oulput for Alpha and Beta is $130 per unit of product A and $200 per unit of product B, and the corresponding overhead costs for Alpha and Beta are $5,000 and $7,000, respectively. Process Alpha B Process Beta Product Output (units) Labor (S) Materials (S) A A B 40 60 80 50 $1,200 $1,400 $1,000 $2,000 $1,500 $2,500 S3,000 $3,500 a. Which process, Alpha or Beta, is more productive? Process has % higher labor productivity. Process V has % higher multifactor productivity. (Enter your responses rounded to the nearest whole number.)What high-level position manager is responsible for working with the CEO and company president to determine the company’s competitive strategy in the operations.Weighted Moving Average method is equivalent to moving average method, if the weights are considered equal: True or False?