E Spreadsheet Mike Reynolds has four assignments due in class tomorrow, and his class times are as follows: 12 p.m. 2 p.m. 5:30 p.m. Each class lasts one hour, and Mike has no other classes. It is now midnight, and Mike estimates that the marketing, finance, psychology, and OM assignments will take him one, four, five, and seven hours, respectively. Assume that all time till the last class begins can be spent on completing assignments but each assignment should be done till the time of the class on the same subject. (Mike can prepare assignments for the next classes during previous classes.) OM Use the Excel Sequencing template to determine how he should schedule the work. Use minus sign to enter negative lateness values, if any. Enter the half an hour value as 0.5, e.g., 3:30 p.m. should be entered as 15.5. If your answer is zero, enter "0". Round your answers for the due date, lateness, and tardiness to one decimal place. Round your answers for the average values to two decimal places. EDD sequence: Sequence Processing Time Marketing V V Finance V Psychology SPT sequence: Sequence Select- V -Select- V -Select- V -Select- V 6 Processing Time Due Date Average Due Date Average How should he schedule the work? To meet all assignment deadlines. Mike should use -Select- Flow Time Flow Time Lateness Lateness Class Psychology 304 Finance 385 Marketing 216 OM 200 Tardiness Time Tardiness
E Spreadsheet Mike Reynolds has four assignments due in class tomorrow, and his class times are as follows: 12 p.m. 2 p.m. 5:30 p.m. Each class lasts one hour, and Mike has no other classes. It is now midnight, and Mike estimates that the marketing, finance, psychology, and OM assignments will take him one, four, five, and seven hours, respectively. Assume that all time till the last class begins can be spent on completing assignments but each assignment should be done till the time of the class on the same subject. (Mike can prepare assignments for the next classes during previous classes.) OM Use the Excel Sequencing template to determine how he should schedule the work. Use minus sign to enter negative lateness values, if any. Enter the half an hour value as 0.5, e.g., 3:30 p.m. should be entered as 15.5. If your answer is zero, enter "0". Round your answers for the due date, lateness, and tardiness to one decimal place. Round your answers for the average values to two decimal places. EDD sequence: Sequence Processing Time Marketing V V Finance V Psychology SPT sequence: Sequence Select- V -Select- V -Select- V -Select- V 6 Processing Time Due Date Average Due Date Average How should he schedule the work? To meet all assignment deadlines. Mike should use -Select- Flow Time Flow Time Lateness Lateness Class Psychology 304 Finance 385 Marketing 216 OM 200 Tardiness Time Tardiness
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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Spreadsheet
Mike Reynolds has four assignments due in class tomorrow, and his class times are as follows:
Time
9 a.m.
12 p.m.
2 p.m.
5:30 p.m.
Each class lasts one hour, and Mike has no other classes. It is now midnight, and Mike estimates that the marketing, finance, psychology, and OM assignments will take him one, four, five, and seven hours, respectively. Assume that all time till the last class begins can be spent on completing assignments but each assignment
should be done till the time of the class on the same subject. (Mike can prepare assignments for the next classes during previous classes.)
Use the Excel Sequencing template to determine how he should schedule the work. Use minus sign to enter negative lateness values, if any. Enter the half an hour value as 0.5, e.g., 3:30 p.m. should be entered as 15.5. If your answer is zero, enter "0". Round your answers for the due date, lateness, and tardiness to one
decimal place. Round your answers for the average values to two decimal places.
EDD sequence:
Sequence Processing Time
Marketing V
OM
V
Finance V
Psychology
SPT sequence:
Sequence
-Select- V
-Select- Y
-Select-
-Select-
3
6
2
Processing Time
Due Date
Average
Due Date
Average
How should he schedule the work?
To meet all assignment deadlines, Mike should use -Select-
Flow Time
Flow Time
Lateness
Lateness
Tardiness
Class
Psychology 304
Finance 385
Marketing 216
OM 200
Tardiness
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