PROCESSING TIME PER UNIT(Minutes)ProductAnnual DemandMachine AMachine B1.20,000315,0002337,50034.40,00013Assume that only purchasing costs are being considered. Machines (both A and B) operate12 hours a day, 250 days a year. Which machine would have the lower total costland howmany of that machine would be needed? Note that you could not buy a portion/part of amachine!! A manager must decide which type of machine to buy, A or B. Machine costs are as follows:MachineCostA$110,00040,000Product forecasts and processing times on the machines are as follows:

Find the Given details below: Given details: Machine Cost ($) A 110000 B 40000…

Answered: PROCESSING TIME PER UNIT (Minutes)…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.3: Assignment Models

Problem 12P

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11. A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows: Machine A B C Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) Product 1 2 3 4 Cost $40,000 $30,000 $80,000 Annual Demand 16,000 12,000 6,000 30,000 A 3452 2 B 4 4 6 2 C 2 3 4 1 a. Assume that only purchasing costs are being considered. Which machine would have the low- est total cost, and how many of that machine would be needed? Machines operate 10 hours a day, 250 days a year. b. Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $10 each, B machines have an hourly oper- ating cost of $11 each, and C machines have an hourly operating cost of $12 each. Which alternative would be selected, and how many machines, in order to minimize total cost while satisfying capacity processing requirements?
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A manager must decide which type of machine to buy, A, B, or C. Machines costs are as follows: Machine Cost A $40,000 B $30,000 C $80,000 Product forecast, processing times on the machines, and setup times are as follows: Processing Time Per Unit (minutes) Product Annual Demand A B C Setup Times (minutes) Production Lots (units) 1 16,000 3 4 2 20 200 2 12,000 4 5 3 35 100 3 6,000 5 6 3 60 50 4 30,000 2 4 1 15 500 Machines operate 10 hours a day, 250 days a year. The manager wants to have a capacity cushion of 10%. a. Assume that only purchasing costs are being considered. Which machines would have the lowest total cost, and how many of that machines would be needed? b. Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $11 each, B machines have an hourly operating cost of $10 each, and C machines have an hourly operating cost of $12 each. Which alternative would…
The next TWO questions refer to the following data. (This data may not be the same as in the ClearEyes Cataracts Clinic case.) Receptionist PSR Technician Staff Surgeon Cleaner Total annual minutes required per job title 29,450 353,268 212,882 119,944 51,820 Number workers by job title 1 4 3 1 1 Non-surgeons are available 115,200 minutes per year and surgeons are available 100,800 minutes per year. The average capacity utilization of the staff surgeon is: Group of answer choices 84.0 percent 91.5 percent 100.0 percent 104.1 percent 118.99 percent
Tax Prep Advisers, Inc., has forecasted the following staffingrequirements for tax preparation associates over the next12 months. Management would like three alternative staffingplans to be developed. The company currently has 10 associates. No more than 10new hires can be accommodated in any month because oflimited training facilities. No backorders are allowed, andovertime cannot exceed 25 percent of regular-time capacityon any month. There is no cost for unused overtime capac-ity. Regular-time wages are $1,500 per month, and overtimewages are 150 percent of regular-time wages. Undertime ispaid at the same rate as regular time. The hiring cost is $2,500per person, and the layoff cost is $2.000 per person.a. Prepare a staffing plan utilizing a level workforce strategy,minimizing undertime. The plan may call for a one-timeadjustment of the workforce before month 1.b. Using a chase strategy, prepare a plan that is consistent withthe constraint on hiring and minimizes use of overtime.c.…
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What are some capacity measures for each of the following?b. Hospital
OPERATIONS MANAGEMENT A retail shopping chain decided to improve its customer service, productivity and reduce its transportation costs by shifting its existing central warehouse to a new location. For this purpose, the company collected data of its existing three retail shops as shown in Table 1. Table-1 Sales Volume X and Y Coordinates Location (in Units) of the location Location - 1 36 (8, 4) Location – II 29 (4, 9) Location IlI 15 (5, 5) Question-1: Evaluate the data in Table - 1 to arrive at the coordinates of new central warehouse which is supposed to be optimum and improve the productivity of this retail chain Explain all the steps. A grocery shop based in UAE found that its inventory strategy of ordering the raw material is not appropriate. Due to this, the company's productivity has been consistently decreasing in the recent past and the production also stopped many times due to the non-availability of raw material and increased the stock-out costs and total inventory cost.…
00:53:53 C k TB Problem Qu. 5-114 (Algo) Mccabe Corporation uses the weighted-average... for September. Mccabe Corporation uses the weighted-average method in its process costing. The following data pertain to its Assembly Department Mc Graw Hill control Work in process, September 1 Units started into production during September Units completed during September and transferred to the next department Work in process, September 30 Equivalent units of production Q A 2 Required: the weighted-average method. Compute the equivalent units of production for both materials and conversion costs for the Assembly Department for September using Z option W S # 3 X F3 Materials E H command D $ 4 DOD DOO F4 Conversion R C do 5 % F U * 8 N DII F8 Units 800 8,200 7,300 1,700 ( 9 F9 K M 0 Materials 55% F10 Percent Complete 75% L H P F11 > Help command Conversion 10% 25% + 11 Save & Exit 2 F12 option 2 Sub dele

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