Answered: ows the right-hand-side values of th

Business

Operations Management

ows the right-hand-side values of th

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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Which of the following can be said for the Production Order Quantity (PPC) model? Lütfen birini seçin: O a. Causes more stock than ESM model O b. Uses order cost instead of setup cost in the total inventory cost formula c. Eliminates the assumption that demand is known and fixed O d. Assumes one-time delivery of orders O e. ÜSM model is suitable if the product in stock is sold/used as it is produced
MA Training (MAT) is a national organisation which provides private tuition courses in accounting. The courses are generally attended by individuals who work as bookkeepers for other companies and who want to develop their practical skills. None of the attendees is aiming towards any professional qualification or examination. Courses are run on basic bookkeeping, value added tax, payroll, credit control, company administration and basic business management. Other bespoke courses, run on demand, are charged out at higher than normal rates. MAT has six branches nationwide with individual branch managers. Head office is situated at Nottingham and has responsibility for company accounting, payroll and inventory ordering activities. Individual branch managers have responsibility for all other areas of the business, such as pricing, product mix and staffing. Each branch rents its premises (a national company policy) and staff numbers range from 4 in Newcastle to 18 in Cardiff. Staff are…
True or false. Economic order quantity analysis mathematically determines the optimal allocation of resources to activates.
5/Do not solve it in excel, please.
The production planner of a company forecasts the sales over the next five years as 220, 205, 340, 130, and 300 packages, respectively. The planner estimates that there will be 40 packages on hand at the end of this year and she wants the ending inventory to be 50 packages at the end of the next five years. Assume that each worker produces 70 packages per year. The company uses level strategy and shortages are not allowed. What is the minimum constant workforce over the next five years? O a 5 O b. 6 OC.4 O d. 8 O e. 7
I am not sure why i got those incorrect
A jewelry manufacturer is creating a routine order schedule for some new products: J66 and J67. J66 can be ordered any time. J67 is set up to be ordered every 4 weeks. The company is closed 2 weeks out of a 52 week year otherwise it is open. Given the following, show me the calculation (I have provided the final answer) the questions at the end: J66 acceptable stockout risk = 2.5%, lead time = 2 weeks, ordering cost =$70, annual holding cost = 30%, unit cost =$15, standard deviation = 4 units per week, and average weekly demand is 60 units. J67 acceptable stockout risk = 2.5%, lead time = 2 weeks, ordering cost =$30, annual holding cost = 30%, unit cost =$20, standard deviation = 5 units per week, and average weekly demand is 70 units. I know the reorder point for j67 is 153 units on hand. 1) Show me the math to come up with the 153 units answer. 2) What is the reorder point for the J66? (I know the answer is 306 units so show me the calculation), 3) If the J67 has 110 units on…
The beginning stock of a product is 200 units (On hand stock =200 unites). Safety Stock level is 50 unites. It is desirable to prepare a 12-week Master Production Schedule. MPS is 400 units. The Demand forecast and Customer order quantities for the 12 periods are given in the table below. Determine the Master Production Schedule and Available to promise amount (ATP) in a way that maintains the amount of safety stock. Demand Forecast Customer Order 1 2 3 4 5 6 70 60 90 90 110 120 80 120 120 110 110 100 90 7 130 80 8 150 50 9 140 40 10 145 0 11 180 0 12 190 0
Reduces costs and their feasibility ranges are rooted in making changes in the right hand side of the constraint. Your answer: True False
Susan manages the packaging supplies for the New Zealand distributorship of AllBirds product lines. It;s her job to order all the shoe boxes that house each pair of shoes (whether going to retail stores, or shipping directly to consumers via the online store). She purchases shoe boxes from a local printing supplier. The NZ distributor ships on average 325 boxes of shoes each month. Boxes cost $2.25 each, and each order costs $18 to process. Because of limited storage space, Susan's manager wants to charge inventory holding at 25% of the unit cost. The lead time is 7 days. Assume 360 working days per year. Calculate the following: a. Economic order Wuantity b. Reorder Point (assuming no safety stocks) c.Number of orders-per-Year d.Total annual cost e.If storage space was so limited, Susan estimates that inventory holding cots would only be 15% of unit cost. How would that change total annual costs?
A local manufacturer of Toys produces several toys. Among the most popular is Elsa Doll. Suppose that there are currently 100 Elsa Doll in inventory and that there are customer orders that have been committed and must be filled. Suppose that a production lot size of 150 Elsa Dolls. The weekly forecasts for the eight weeks are 176, 172, 50, 130, 40, 120, 132, and 135 respectively. The customer orders for weeks 1, 2, 3 through 8 are the 88, 86, 25, 65,20, 51, 0, 0 respectively. Using the standard principles of Master Production Schedule (MPS) along with Available-To-Promise (ATP) for the Elsa Dolls, what is the Available to promise (ATP) level in week 2 Select one: O a. 150 b. 79 O c. 39 O d. 0 Oe. None is correct Next page
Lifang Wu owns an automated machine shop that makes precision auto parts. He has just compiled an input-output report for the grinding work center. Period 1 3 4 Total Planned input 70 70 85 85 Actual input 75 75 75 75 Deviation Planned output Actual output 75 75 75 75 85 85 80 80 Deviation Initial backlog: 20 For the given information related to "inputs," the values for deviation and total are: The deviation in period 2 = units (enter your response as an integer, including a minus sign if necessary). The deviation in period 4 = units (enter your response as an integer, including a minus sign if necessary). The total for "planned inputs" = units (enter your response as an integer, including a minus sign if necessary). The total for "actual inputs" = units (enter your response as an integer, including a minus sign if necessary). The total deviation for "inputs" = units (enter your response as an integer, including a minus sign if necessary). "3D For the given information related to…