manager must decide which model of equipment to buy, model Ana ormodel Bea. The equipment can be operated by the department for 10hours a day, 260 days a year. Either machine can be used to perform twofunctions. Annual service requirements and processing times are shownbelow. The goal is to minimize total purchase cost.processing processingtime perfunction(hr)time perfunction(hr)annualvolumemodel ana model beafunction1 24001function2 1800 21cost/unit2200025000capacity of the department is

Find the Given details below: Given details: Annual Volume Processing time per function (Hr)…

Answered: manager must decide which model of…

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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Prevost Chemicals manufactures an industrial solvent at its only processing plant. A liquid chemical and labor are the two primary inputs. All other resources are included in manufacturing overhead. The plant never has any work-in-process or finished goods inventories. Information from the previous four periods of production follows: Chemical input (gallons) Labor input (hours) Solvent sales (gallons) Average price of chemical per gallon Average wage rate per hour Average sales price per gallon Manufacturing overhead (total) Required A Required B Required C Required: a. Compute the partial productivity measures for chemical for the four periods. b. Compute the partial productivity measures for labor for the four periods. c. Compute the total factor productivity for the four periods. Complete this question by entering your answers in the tabs below. Period Period 1 125,000 12,500 110,000 Period 1 $ 2.00 28.00 10.26 236,000 Compute the partial productivity measures for chemical for the…
Which of the following is an example of a lagging KPI? A. Revenue growth B. Customer retention rate C. Website traffic D. Employee satisfaction
Please do not give solution in image formate thanku. Avis Company is a car rental company that is located three miles from the Los Angeles airport (LAX). Avis is dispatching a bus from its offices to the airport every 3 minutes. The average traveling time (round-trip) is 10 minutes. a.How many Avis buses are traveling to and from the airport? (Do not round intermediate calculations. Round your answer to 1 decimal place.)
Having too much capacity is just problematic as not having enough capacity. Select one: True False
A loan processing operation at a local bank processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day. What is the utilization of the processing operation? Select one: a. 100.0% b. 87.5% c. 70.0% d. 80.0% Warranty expense, the cost that a business incurs for the repair or replacement of goods that has sold, is an example of which of the following? Select one: a. Internal failure cost b. Appraisal cost c. Prevention cost d. External failure cost
A national restaurant chain has just opened a sit-down location at Chicago’s O’HareInternational Airport. Next to the sit-down location, it has also established a “to-go”section where travelers can purchase pre-made sandwiches and salads, as well as drinksand snacks. Which dimension of the customer utility function is particularly emphasizedwith the “to-go” section?a. Performanceb. Fitc. Priced. Timing
Knott's Industries manufactures standard and super premium backyard swing sets. Currently it has four identical swing-set-making machines, which are operated 275 days per year and 8 hours each day. A capacity cushion of 20 percent is desired. The following information is also known Annual Demand Standard Processing Time Average Lot Size Standard Setup Time per Lot a. Does Knott's have sufficient capacity to meet annual demand? Knott's does Standard Model 20,000 5min 50 30 min Super Premium Model 10,000 17 min 30 45 min have sufficient capacity to meet annual demand because 3 machines are needed. (Enter your response rounded up to the next whole number.) b. If Knott's was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, would there be enough current capacity to produce 20,000 units of each type of swing set? If Knott's was able to reduce the setup time for the Super Premium Model from 45 minutes to 30 minutes, there would not be enough capacity to…
There are six workers, one at each of the six stations (A-F). They begin their workday at 8:00a.m. and work steadily until 4:00 pm. (They are replaced with other workers for breaks and lunches, but the production is not slowed or stopped during these times.) Their hourly wage rate is $25 per hour. You can assume unlimited demand. What is the average labor utilization (you can ignore any start-up or empty system effects) of the six workers? Please give your answer in decimal form (e.g. 0.5 for 50% utilization).
Sturgill Manufacturing Inc. needs to predict the numbers of machines and employees required to produce its planned production for the coming year. The plant runs three shifts continuously during the workweek, for a total of 120 hours of capacity per week. The shop efficiency (the percent of total time available for production), which accounts for setups, changeovers, and maintenance, averages 70% with a standard deviation of 5%, which reduces the weekly capacity. Six key parts are produced, and the plant has three different types of machines to produce each part. The machines are not interchangeable as they each have a specific function. The time to produce each part on each machine varies. The mean time and standard deviation (in hours) to produce each part on each machine are shown below: Mean Time Part Type Machine A Machine B Machine C 1 3.5 2.6 8.9 2 3.4 2.5 8 3 1.8 3.5 12.6 4 2.4 5.8 12.5 5 4.2 4.3 28 6…
Please, I want a complete answer to this question, with a correct and clear solution to all paragraphs. The question is one question, but it has multiple paragraphs. Please solve it completely. And correctly.
A linear programming computer package is needed. Epsilon Airlines services predominately the eastern and southeastern United States. A vast majority of Epsilon's customers make reservations through Epsilon's website, but a small percentage of customers make reservations via phone. Epsilon employs call-center personnel to handle these reservations along with any problems with the website reservation system and for the rebooking of flights for customers if their plans change or their travel is disrupted. Staffing the call center appropriately is a challenge for Epsilon's management team. Having too many employees on hand is a waste of money, but having too few results in very poor customer service and the potential loss of customers. Epsilon analysts have estimated the minimum number of call-center employees needed by day of week for the upcoming vacation season (June, July, and the first two weeks of August). These estimates are given in the following table. Min s.t. Monday Tuesday…
The utilization of baggers is Food Goblin Supermarkets use both cashiers and baggers to serve customers at check out. During the first 7 hours of each workday (Monday-Friday), 6 cashiers and 2 baggers serve approximately 25 customers per hour. A cashier and a bagger who require approximately 6 minutes at checkout and 4 minutes at bagging serve each customer. a. The utilization of cashiers is 41.7%. (Enter your response rounded to one decimal place.) %. (Enter your response rounded to one decimal place.) v an example Part 2 of 3 Get more help. O Points: 0 of 3 Clear all Check answer O

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