Q3. (Inventory Buildup). Gary manages a receiving station for peanuts. Peanuts-filled trucksarrive at the rate 10 every hour from 6:00 am to 6:00 pm. Each truck contains 75 kilograms ofpeanuts. Gary can process them at a rate of 500 kilograms an hour. The station has room to holdonly 2000 kilograms of peanuts in inventory prior to processing. Once this space is filled, thetrucks must wait to dump their contents.(a) Draw the inventory buildup diagram. Mark the area corresponding to the total truckdriver waiting time in the diagram.Total Inventory (units of measure: 1000 kilograms)4206am10am 2pm6pm(b) At what time will the trucks start to wait to unload?10pm2am

To find: (a) The inventory build up diagram and mark the area corresponding to the total truck…

Answered: Q3. (Inventory Buildup). Gary manages 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...

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In the fashion retail industry transshipment is the flow of the products from a retail location to another one to satisfy the demand at the receiver location. Sender only sends a product if it has excess inventory to its demand and it occurs to rebalance the inventory among retail locations. Assume that there is a retailer with I stores. There are O products nominated for transshipment. The available inventory rio, i = 1,2, ..., I, o = 1,2, ..., 0, and demand levels dio, i = 1,2, ..., I, o = 1,2, ..., 0, for all O, stores are known. Moreover, the sales prices of these products are known and are the same in all stores, po, o = 1,2, ... 0. There is a transportation cost when a product is sent from a store to another, Cij, i, j = = 1, 2, ... D which is independent for the type of the product. Assume that if a product o is transshipped from store i, all its available inventory, i.e., rio, must be sent to a single store, thus, partial transshipment is not allowed. However, a store can…
8
The Budd Gear Co. specializes in heat-treating gears for automobile companies. At 8:00 a.m.,when Budd’s shop opened today, five orders (listed in order of arrival) were waiting to beprocessed.OrderOrder Size(units)Per Unit Time inHeat Treatment(minutes/unit)Due Date(min. from now)A 16 4 160B 6 12 200C 10 3 180D 8 10 190E 4 1 220a. If the earliest due date rule is used, what sequence should be used?b. What will be the average job tardiness?c. What will be the average number of jobs in the system?d. Would the SPT rule produce better results in terms of job tardiness?
A Moving to another question will save this response. Question 17 In a conventional distribution channel, no channel member has much control over the other members, and no formal means exist for assigning roles and resolving channel conflict. O True O False Moving to another question will save this response. の & %24 4 %23 6. 3 %23
The sanitary landfill charges companies $200 per load and individuals $50 per load. On average, 90 companies tip their trucks each day at the landfill with a standard deviation of 30. There is time only for 110 deliveries in any combination of companies and individuals throughout the course of an eight-hour day. Company dump trucks enter through Gate A and individuals enter through Gate B. Individual demand is plentiful – often there are individuals turned away due to lack of capacity. It costs the landfill $30 to process a company dump truck and $15 to process an individual load. What is the expected profit for one day if the landfill allocates the optimal quantity of capacity to company trucks and individuals fill up the remainder of the сараcity? -
Which inventory system is less likely to order a fixed order quantity? Select one: O a. Continuous O b. Perpetual O c. Periodic O d. Two bin
b) The CEO of Jubilant Foods recently said that all outlets have been maintaining the highest standards of safety and all their employees have been fully vaccinated. You recently went out to get a pizza from Domino's. Due to COVID-19, the company is only allowing take-aways. You ordered the pizza using the mobile application and made the payment online. You got the order number and waiting time of 12 minutes. However, you have to wait for another five minutes. The COVID-19 guidelines of social distancing were not strictly implemented at the store. Using the SEVRQUAL framework, identify the service gaps and suggest how the company can deliver superior service quality to its customers.
Q. Define the following with example: Transportation Model Assignment Model Replacement Model Inventory Control
TJ1. In the Toyota Production System, "jidoka" refers to 1 point e. Continuous line-balancing to maximize utilization f. The cross-training of workers for a wide range of skills g. None of these a. Level production, where different models are produced along side each other on the assembly line b. Continuous improvement, where workers organize meetings to discuss ways of improving the production process d. The aggressive reduction of changeover and setup times c. The inventory retrieval system where parts are replenished only when they are needed
Consider a fixed period inventory model. The daily demand of the product has a mean of 30 and standard deviation of 4; orders are placed every 18 days and shipment lead time is 6 days. The store has a service policy of 96%. What is the inventory required?
Describe briefly the A-B-C approach to inventory control.
Inventory order is placed when O a. Only when projected or actual stocks on hand is below zero O b. None of these O c. Only when projected or actual on hand stocks are higher than the safety stock. O d. Only when projected or actual on hand stocks value is positive.

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