c. An airline company must plan its fleet capacity and long-term schedule of aircraft usage. For oneflight segment, the average number of customers per day is 70, which represents a 65 percentageutilization rate of the equipment assigned to the flight segment. If demand is expected toincrease to 84 customers for this flight segment in three years, and management requires acapacity cushion of 25 percent, calculate the following:-i.ii.iii.the planned capacity requirement.the maximum number of customers the flight segment can accommodatethe efficiency rate of the flight segment assuming that the current effective capacity of theflight segment is 93 customers.

Find the Calculation methods below: Capacity cushion = 100% - Average utilization rateUtilization =…

Answered: An airline company must plan its fleet…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

What is the fundamental distinction between design capacity and effective capacity? Provide a brief example
Kelsie Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $510,000 and 30,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $517,000 and 27,000 total machine-hours during the period. The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: Select one: O a. $459,000 O b. $574,444 O c. $17 Od. $19.15
. An airline company must plan its fleet capacity and its long-term schedule of aircraft usage. For one flight segment, the average number of customers per day is 70, which represents a 65 percent utilization rate of the equipment assigned to the flight segment. If demand is expected to increase to 84 customers for this flight segment in 3 years, what capacity requirement should be planned? Assume that management deems that a capacity cushion of 25 percent is appropriate.
5. Formulate a level sales and operations plan for a company with the following predicted demand: Month Demand 6,300 2 9,000 3 6,000 4 9,000 5 15,000 6 6,000 Total 51,300 The beginning workforce is 125 employees. The monthly output per employee is 150 units. The costs to hire and lay off a worker are $2,500 and $4,000, respectively. The cost to carry an item in inventory for one month is estimated at $10, and the stockout cost is $25 per unit. Show the production schedule, the inventory levels, and the changes in workforce from period to period. Compute the plan's cost.
14
Baker Manufacturing Company forecasts the following demand for a product (in thousands of units) over the next five years. 5 2 3 4 123 125 127 126 Year Forecast Demand Currently the manufacturer has eight machines that operate on a two-shift (eight hours each) basis. Twenty days per year are available for scheduled maintenance of equipment. Assume there are 250 workdays in a year. Each manufactured good takes 20 minutes to produce. 1 106 a. What is the effective capacity of the factory? Round your answer down to the nearest whole number and use this answer in subsequent computations. Year Additional machines needed units/year b. Given the five-year forecast, how much extra capacity is needed each year? Round your answers to the nearest whole number. Year 1 2 3 Extra capacity needed (units) c. Does the firm need to buy more machines? If so, how many? When? If your answer is zero, enter "0". Round your answers up to the nearest whole number. 1 2 3 4 5 5
What is CAPACITY REQUIREMENTS FORECASTING?
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 exclusive Swink Golf Driving Range has had astandard price of $15 per hour. The facility has 36 golfing stations,with average usage of 50%, 10 hours a day, 7 days a week. MorganSwink, the owner, would like to enhance revenue. He proposes newpricing at $10 per hour on weekdays and $20 per hour on weekends.He estimates that weekday usage will increase to 60% and weekendusage will remain at 500/o, even with the price increase. Variable costis a consistent $3 per hour. Which strategy is better?
1. What capacity decisions should Delta make regarding facilities, equipment, workforce, products/services, working hours, or other resources required to run business processes?
An airline company must plan its fleet capacity and its long-term schedule of aircraft usage. For one flight segment, the average number of customers per day is 70, which represents a 65 percent utilization rate of the equipment assigned to the flight segment. If demand is expected to increase to 91 customers for this flight segment in three years, what capacity requirement should be planned? Assume that management deems that a capacity cushion of 35 percent is appropriate. The needed capacity requirement is customers per day. (Enter your response rounded up to the next whole number.)
II. TALENT MANAGEMENTPlusCoop is a company that manages co-working space rentals, or popular known as co-working spaces. Established since 2014, PlusCoop offers rental services a workspace intended for freelancers, entrepreneurs, and business operators small medium. The space offered consists of 3 types:1. 4 units of communal workspace - large space, maximum capacity of 40 people, rental mechanism per day (24hours) and per person.2. 20 units of exclusive workspace - enclosed space, maximum capacity of 2 people per room, rental mechanismper month and per room.3. 4 units of conference room - large room, maximum capacity of 20 people, rental mechanism per day, withprojector and screen facilities. Armed with wi-fi facilities, whiteboard, free coffee-tea station, and a strategic location in the city center, During 4 years of operation, PlusCoop has succeeded in becoming a very popular co-working space by their target consumers. However, the pandemic that hit Indonesia in 2019 resulted in…

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS