III. Productivity and Quality. Read and analyze each problem. For better presentation, draw diagrams illustrating the problem. 1. One of the items that the Philippines export is electrical transformers used in electric trains. Assume that the basic model costs USD 3000 (PhP 180,000) to produce. A plant located in Batangas typically produces 500 units weekly of this type, but only x = 85% managed to pass the inspection. About three-fifths of the defective items can still be reworked to meet the standards at an additional cost of USD 500 (PhP 30,000). For reasonable values of x (85% to 100%), graph the QPR as a function of x. For reasonable values of x (85% to 100%), graph the product cost per unit as a function of x. What can you conclude?
III. Productivity and Quality. Read and analyze each problem. For better presentation, draw diagrams illustrating the problem. 1. One of the items that the Philippines export is electrical transformers used in electric trains. Assume that the basic model costs USD 3000 (PhP 180,000) to produce. A plant located in Batangas typically produces 500 units weekly of this type, but only x = 85% managed to pass the inspection. About three-fifths of the defective items can still be reworked to meet the standards at an additional cost of USD 500 (PhP 30,000). For reasonable values of x (85% to 100%), graph the QPR as a function of x. For reasonable values of x (85% to 100%), graph the product cost per unit as a function of x. What can you conclude?
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...
Related questions
Question
Transcribed Image Text:III. Productivity and Quality. Read and analyze each problem. For better presentation, draw
diagrams illustrating the problem.
1. One of the items that the Philippines export is electrical transformers used in electric trains.
Assume that the basic model costs USD 3000 (PhP 180,000) to produce. A plant located in
Batangas typically produces 500 units weekly of this type, but only x = 85% managed to pass
the inspection. About three-fifths of the defective items can still be reworked to meet the
standards at an additional cost of USD 500 (PhP 30,000).
-For reasonable values of x (85% to 100% ) , graph the QPR as a function of x.
For reasonable values of x (85% to 100% ) , graph the product cost per unit as a
function of x.
What can you conclude?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps with 10 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
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
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
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.