---### Designing an Efficient Warehouse Layout**Challenge:**Assuming you have a plot of land with an area of $ X \, \text{m}^2 $ ($ Y \, \text{m} \times Z \, \text{m} $), and considering the lowest investment cost alongside the need to maintain sufficient stock to meet the $ N $-month demand at any given time within the warehouse:1. Design and size a rough warehouse layout.2. Include support service units and surrounding infrastructure.**Key Considerations:**- **Prerequisites for High Performance:** - Product placement - Number of personnel, etc.- **Pallet Specifications:** - Base area: $ 80 \, \text{cm} \times 120 \, \text{cm} $ - Height: $ 120 \, \text{cm} $- **Warehouse Composition:** - Primarily consisting of 15 different product groups (PG). - Monthly demand for each product group provided in pallet units.**Objective:**To design a cost-efficient warehouse layout that ensures high performance and can adequately store and manage the inventory to meet the projected demand.---

Introduction:Designing an efficient and well-organized warehouse layout is crucial for businesses…

Answered: Assuming that you have a land with an…

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...

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The partially completed inventory record for the driveshaft subassembly in the table below shows gross requirements, scheduled receipts, lead time, and current on-hand inventory. a. Complete the last three rows of the record for an FOQ of 60 units. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Driveshaft subassembly Gross requirements Scheduled receipts Projected on-hand inventory Planned receipts 15 1 30 70 2 25 3 20 4 25 ☐☐ Lot Size: FOQ-60 units Lead Time: 3 weeks Week 5 35 6 35 7 60 8 60 00
Qty Standard Labor Hour Raw Material В Standard Labor 2 Hours Raw Material INDEPENDENT DEMAND Period 1 2 3 4 5 6 Total Product A 1,000 1,000 1,000 1,000 1,000 1,000 6,000 Product B 500 500 ,500 500 16. Products A and B are produced on two different dedicated production lines. If both lines work on the same shift schedule, the ratio of workers on line A to workers on line B is A. 2:1 В. 2:3 С. 2:5 D. 4:1
Deforrest Marine Motors manufactures engines for the speedboat racing circuit. As part of their annual planning cycle, they forecasted demand for the next four quarters. The number of available days of production and the anticipated demand are given below. Employees Production Rate Production Cost Backorder Cost Overtime Cost Overtime Limit Demand Q1 2,400 6,019,000 They also estimated many of the costs required to conduct operations planning. Some of these key figures are listed below. 30 70 units/employee/quarter Q2 2,200 $1,000/unit $200/unit/quarter $1,500/unit <= 25% of Reg. Production Q3 1,700 Q4 1,800 Hire Cost Fire Cost Subcontracting Cost Subcontracting Limit Inventory Cost Initial Inventory $1,200/employee $800/employee $1,800/unit 400 units maximum $100/unit/quarter 280 units Deforrest Marine Motors wishes to maintain the current number of employees for the entire year to follow a level strategy balanced with inventory and backorders as needed. What is the total cost of this…
Shown below is a partially completed MPS record for hand drills. a. Develop the MPS record for the hand drills. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Hand drills Quantity on Hand: 30 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start 1 15 20 N 40 25 3 15 15 Week Available-to- promise (ATP) inventory b. A distributor of the hand drills places an order for 15 units. What is the appropriate shipping date for the entire order? The order should ship on week (Enter your response as an integer.) 4 20 20 Order Policy: 60 units Lead Time: 1 week 5 55 0 6 35 0
Problem #2- Brown Manufacturing-Modified, from textbook page #198 If the annual demand is reduced to 8,000 units, the set-up costs increased to $120, inventory carrying cost increased to $0.60 per unit per year and the demand during the production period is maintained at 60 units per day and 80 units can be manufactured daily, calculate а. The optimum production quantity (Q*) per production run (or per production lot). b. ( ne length of each production run. с. ( The number of production runs per year. Page 2 of 4 Scanned with CamScanner
For the following bill of material, if we need to produce 10 units of finished product P, how many component C do we need? Assume there is no on-hand inventory. P M(3) 80 0 120 O 16 40 160 N(4) B(3) C(4) D(5) C(4)
Using the information in Problem (The demand for subassembly Sis 100 units in week 7.Each unit ofS requires 1 unit ofT and 2 units ofU. Each unit ofT requires I unit ofY, 2 units ofW, and 1 unit of X. Finally, eachunit of U requires 2 units of Y and 3 units of Z. One firm manufacturesall items. It takes 2 weeks to make S, 1 week to make T, 2 weeks to make U, 2 weeks to make Y, 3 weeks to make W,I week to make X, 2 weeks to make Y, and I week to make Z.a) Construct a product structure. Identify all levels, parents, and components.b) Prepare a time-phased product structure. ), construct a netmaterial requirements plan using the following on-hand inventory.
Apply the Theory of Constraints to Product Mix Decisions?
Q46 Mixing Company manufactured 2,500 units of its only product during 2022. The inputs for this production are as follows: 550 pounds of Material A at a cost of $2.50 per pound 400 pounds of Material H at a cost of $3.75 per pound 700 direct labor hours at $60 per hour The firm manufactured 3,920 units of the same product in 2021 with the following inputs: 700 pounds of Material A at a cost of $2.20 per pound 560 pounds of Material H at a cost of $3.50 per pound 600 direct labor hours at $58 per hour The partial operational productivity of Material A in 2021 is: Multiple Choice 5.60 units per pound. 0.44 units per pound. 4.67 units per pound. 5.18 units per pound. 0.51 units per pound.
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4 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Monetary Value (EMV)? Alternatives Large Inventory Small Inventory Probability A) $68,400 O B)-$20,000 O C) $10,000 O D) $51,500 O E) $78,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 30
A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $7,900 per month and variable cost of 62 cents per unit produced. Each item is sold to retailers at a price that averages 85 cents. (Round all answers to a whole number.) a. What volume per month is required in order to break even? b. What profit would be realized on a monthly volume of 65,000 units? 85,000 units? c. What volume is needed to obtain a profit of $13,000 per month? d. What volume is needed to provide a revenue of $20,000 per month?

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