A bank is processing job applications. The typical processing time for one application is 4 weeks. The bank can process 5 applications per week. The department is trying to improve efficiency by reducing the processing time to 2 weeks. What is the reduction of applications under review after the efficiency improvement?
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A bank is processing job applications. The typical processing time for one application is 4 weeks. The bank can process 5 applications per week. The department is trying to improve efficiency by reducing the processing time to 2 weeks. What is the reduction of applications under review after the efficiency improvement?
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- There is a manufacturing company that has a dedicated production line to make one specific product. The line has three stations working in serial. Inputs arrive at station 1 and the output from station 1 becomes the input to station 2. The output from station 2 is the input to station 3. The output from station 3 is the finished product. Station 1 can process 500 units per week, station 2 can process 300 units per week, and station 3 can process 400 units per week. illustrates this problem. Question Answer ↓ What is the maximum output number per week?A lab provides ultrasound service to patients. The service process consists of two steps: 1. Registration. Performed by a receptionist (Salary rate = $25/hr; Process time = 6 minutes/patient) 2. Ultrasound scan. Performed by a technician (Salary rate = $30/hr; Process time = 20 minutes/patient) Note that the ultrasound images need to be read by radiologists, but we assume that they have an ample capacity and thus will not model the role in the service process. Currently, the lab has 2 receptionists and 3 technicians. The manager anticipates demand to grow to 14 patients/hr in the near future. Thus, he plans to hire more receptionists and/or technicians to increase the service capacity to at least 14 patients/hr. What would be the extra payroll cost (in dollars per hr)?Cubway, the sandwich shop, is run by Jim, Tim and Kim. When a customer arrives, Jim spends 5 minutes taking order from the customer. After this, Tim prepares bread and Kim prepares filling for the order. These activities are performed in parallel, and take 6 and 12 minutes respectively. Jim then assembles the bread and filling, which takes 4 minutes of his time. Finally, Tim spends 1 minutes in delivering the order and taking payment. What is maximum number of sandwiches Cubway can make per hour? (In other words, what is the capacity of the process in sandwiches per hour?)
- Panini, a popular sandwich shop, offers 3 types of sandwiches: grilled vegetables, grilled chicken, and pastrami. Demand (sandwiches per hour) are Grilled Vegetables = 25, Grilled Chicken = 15, and Pastrami = 10. There are up to five steps in the process of making sandwiches, listed below with processing times. Step Grilled Vegetables Grilled Chicken Pastrami Cut bread 0.75 minutes 0.75 minutes 0.75 minutes Grill 1.4 minutes 1.4 minutes Slice meat 3 minutes Toast 2 minutes 2 minutes 2 minutes Wrap 0.5 minutes 0.5 minutes 0.5 minutes Only 50 percent of customers want their sandwich toasted, no mattor which sandwich is ordered. Suppose Panini employs 1 worker at each step. Instructions: Round all answers to 1 decimal place. (a) What is the implied utilization of each of the five steps in this process? 62.5 % 93.3 % 50.이% 83.3 % 41.7 % Cut Grill Slice Toast Wrap (b) What is the actual and maximum flow rates of the three sandwich types? per hour Veg Chicken per hourA manufacturing company has a small production line dedicated to the production of a particular product. The line has four stations in serial. Inputs arrive at station 1 and the output from station 1 becomes the input to station 2. The output from station 2 is the input to station 3 and so on. The output from station 4 is the finished product. Station 1 can process 2,700 units per month, station 2 can process 2,500/month, station 3 can process 2,300/month, and station 4 can process 2,100/month. What station sets the maximum possible output from this system? What is that maximum output number?Three employees at a fast-food restaurant each perform one of the three activities in serving a customer: take the order, process the order, and deliver the order. The processing time for each activity is given as follows: Activity Processing Time Take the order 30 seconds Process the order 2 minutes Deliver the order 1 minute Assume that the demand is 20 customers/hour. What is the average labor utilization? a 38.9% b 85.7% c 66.7% d 100%
- A manufacturing company produces 10,000 products per year (50 weeks per year is the available time). The average processing time of each product is 3 weeks. How many products are being processed (on an average) at any given point? What is the average pace of the line (time between two consecutive outputs)?The OR is available for 12 hours a day; the hospital has decided to not perform any procedures between 7pm and 7am. This time is equally divided across three surgeons. The standard procedure time for the knee surgery done at the clinic is 1h. The cleaning and housekeeping that needs to happen after each procedure takes 20 minutes. Almost all of this time could be saved if the cleaning crew were notified earlier on. 10 minutes are spent on patient preparation / anesthesia work before each procedure. (Note: this is not part of the 60-minute procedure time). Proposals have been evaluated to move these 10 minutes to outside the OR, and there exists no medical reason that would prohibit doing this.) A surgeon only starts a case if all of the work associated with the case (preparation, procedure, and cleaning) can be completed in the 4h allotted to each surgeon. Surgeons never start BEFORE their allotted time. Though the clinic aims to operate 7 days a week, holidays, vacation, and…A manufacturing company has a small production line dedicated to the production of a particular product. The line has four stations in serial. Inputs arrive at station 1 and the output from station 1 becomes the input to station 2. The output from station 2 is the input to station 3 and so on. The output from station 4 is the i nished product. Station 1 can process 2,700 units per month, station 2 can process 2,500/month, station 3 can process 2,300/month, and station 4 can process 2,100/month. What station sets the maximum possible output from this system? What is that maximum output number?
- A startup company is considering making a part by injection molding. The part is moderately complex and the volume of the part is about 10 cubic centimeters. Assume that the part is designed for injection molding and can be made with a two part mold. The company needs to make 250,000 parts made from ABS plastic. Once the mold is made it will take a worker 1 minute to make one part using the injection molding machine. The company will use contract manufacturing to produce the parts. Estimate the cost per part and explain how you came up with the number. (If you are stuck look at the Contract Manufacturing Cost per Unit section. Also keep in mind that there is no exact right answer, the goal is to come up with a reasonable estimate.) Contract Manufacturing Cost per Unit: It’s not uncommon to hire another company to perform some or all the manufacturing for a product. To estimate the cost use ((Cost of Parts and Materials) + (man hours) × $40)/.75Panini, a popular sandwich shop, offers 3 types of sandwiches: grilled vegetables, grilled chicken, and pastrami. Demand (sandwiches per hour) are Grilled Vegetables = 25, Grilled Chicken = 15, and Pastrami = 10. There are up to five steps in the process of making sandwiches, listed below with processing times. Step Grilled Vegetables Grilled Chicken Pastrami 0.75 minutes 0.75 minutes 0.75 minutes 0.75 minutes 1.4 minutes 1.4 minutes - - - - 3 minutes 3 minutes 2 minutes 2 minutes 2 minutes 2 minutes 0.5 minutes 0.5 minutes 0.5 minutes 0.5 minutes Only 50 percent of customers want their sandwich toasted, no matter which sandwich is ordered. Suppose Panini employs 1 worker at each step. Instructions: Round all answers to 1 decimal place. What is the implied utilization of each of the five steps in this process? Cut ____% Grill ____% Slice ____% Toast…An enterprising student has set up an internship clearinghouse for business students. Each student who uses the service fills out a form and lists up to 10 companies that he or she would like to have contacted. The clearinghouse has a choice of two methods to use for processing the forms. The traditional method requires about 20 minutes to reviewthe form and arrange the information in the proper order for processing. Once this setup is done, it takes only two minutes per company requested to complete the processing. The other alternative uses an optical scan/retrieve system, which takes only a minute to prepare but requires five minutes per company for completing the processing. If it costsabout the same amount per minute for processing with either of the two methods, when should each be used? (Answer in Appendix D)