QUESTION 5Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 100 units per hour. In themonth of July, the company operated the production line for a total of 175 hours and produced 16,900 units of output.a. What was its capacity utilization rate for the month?b. Now the production shop will produce a new product and need to order the new part. Demand for an item is 1,000 units per year. Each order placedcosts $10; the annual cost to carry items in inventory is $2 each. In what quantities should the item be ordered?Selected Answer: OPM FINAL QUESTION 5.xlsxAttach FileBrowse Local FilesQUESTION 6Browse Content CollectionAttach FileRemoveBob's Department Store would like to develop an inventory ordering policy with a 95 percent probability of not stocking out. To illustrate yourrecommended procedure, use as an example the ordering policy for white percale sheets. Demand for white percale sheets is 4,000 per year. The storeis open 365 days per year. Every two weeks (14 days) inventory is counted and a new order is placed. It takes 10 days for the sheets to be delivered.Standard deviation of demand for the sheets is 4 per day. There are currently 150 sheets on-hand.How many sheets should you order?Selected Answer: OPM FINAL Q #6.xlsxBrowse DropboxRemove

Utilization is a proportion between total available time and total usable time. Similarly, economic…

Answered: Hoosier Manufacturing operates a…

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

The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military operation. Working the normal two shifts of 40 hours each per week, the BBBC production process usually produces 2,500 uniforms per week at a standard cost of $120 each. 68 employees work the first shift and 30 the second. The contract price is $220 per uniform. Because of the urgent need, BBBC is authorized to use around-the-clock production six days per week. When each of the two shifts works 72 hours per week, production increases to 3,800 uniforms per week but at a cost of $144 each. a. The multifactor productivity level for two shifts working 72 hours when compared to the level of the normal two shifts.
XYZ Healthcare Center receives reimbursement from C.H.E.A.T.E.M. insurance company. XYZ receives P20 per physical therapy session. Each session lasts 15 minutes. Because of a shortage of physical therapists, XYZ often finds it necessary to use a temporary service to provide therapists. Assume collections and other variable cost amount to P3 per visit and all other facility costs are fixed. What is the most (per hour) XYZ should pay for physical therapist ?
Demand Planning and Operations are an official Image of the Logistics. a. False B. True
What is the level total Production Rate? Answer units (b) What is the maximum quantity subcontracted and in which period? Quantity-Answer and Period-Answer (c) What is the maximum quantity backlogged and in which period? Quantity-Answer and Period-Answer (d) What is the total regular production cost? $Answer (e) What is the total overtime cost? $Answer (f) What is the total subcontracting cost? $Answer (g) What is the total inventory carrying cost? $Answer (h) What is the total backorder cost? $Answer (i) What is the total aggregate plan cost? $Answer
A laboratory that performs the industrial ope Industrial Processes Television Mobile Time Manufacturing Assembly Packaging Profit 10 6 2 10 8 10 3 6 At most 2000 At most 1600 At most 200 Required: Find the maximum value for profits and the number of materials produced from televisions and mobiles, using graphical method.
9.15 If the annual cost of goods sold is $30,000,000 and the average inventory is $5,000,000: a. What is the inventory turns ratio? b. What would be the reduction in average inventory if, through better materials management, inventory turns were increased to 10 times per year? c. If the cost of carrying inventory is 25% of the average inventory, what is the annual savings?
Deja Brew, Inc., produces and sells 1,000 pallets of tea. Selling price per pallet: $700 Variable cost per pallet: $100 Annual fixed costs: $20,000 How many units would Deja Brew, Inc., need to sell to make $10,000? Round to the nearest whole pallet.
A company is about to begin production of a new product. The manager of a department that is asked to produce one of the components wants to know if there is enough machine time available. The machine will produce the item at a rate of 220 units a day. Eighty-five units will be used daily in assembling the final product. The company operates five days a week, 50 weeks a year. The manager estimates that it will take almost a full day to get the machine ready for a production run, at a cost of $250. Inventory holding cost will be $8 per unit per year. a. What production run quantity should be used to minimize total annual setup and holding cost? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) Production run quantity = units b. What is the length of a production run (in days)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Run length = days c. During production, at what rate will inventory build…
A bagel store orders cream cheese from three suppliers, Cheesy Cream Corp. (CCC), Super Smooth & Sons (SSS), and Bagel's Best Friend Co. (BBF). One month, the total order of cheese came to 100 tons. (The store does do a booming trade.) The costs were $80, $50 and $65 per ton from the three suppliers respectively, with the total cost amounting to $6,710. Given that the store ordered the same amount from CCC and BBF, how many tons of cream cheese were ordered from each supplier? Cheesy Cream Corp.____ tons Super Smooth & Sons ____tons Bagel's Best Friend Co. _____tons
In the first week in the game, you received the order from stallion apparel at the beginning of the game for 800 socks and you cut 800 flow units of cotton in 1280 minutes. During the time of 1280 minutes, your work-in-process inventory within the cutting resources was 400.50. What is the flow time?
A town reports that it has 20 weeks-of-supply of road salt. What is its months-ofsupply? (Assume 4.33 weeks per month.)
Shown below is a partially completed MPS record for ball bearings. a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Ball bearings Quantity on Hand: 400 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start 1 550 300 350 500 2 250 350 0 0 3 450 250 50 500 4 450 200 100 500 Order Policy: 500 units Lead Time: 1 week Week 5 250 150 350 500 6 400 100 450 500 7 200 50 250 0 8 250 100 To o 9 450 50 50 10 450 150 100 500 500

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