Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Question 15. After the transaction limit was implemented for each type of check for each site, the demand for payroll checks was increased to 900 checks/day which increased the total demand for all the checks beyond the total capacity. What is the minimum cost of processing as many checks as possible with the available capacity? (Solution Note: The transaction limit does not apply to a dummy source.) A. $2169 B. $2259 C. S2379 D. $2489 E. None of the above

Question 15. After the transaction limit was implemented for each type of check for each site, the demand for payroll checks was increased to 900 checks/day which increased the total demand for all the checks beyond the total capacity. What is the minimum cost of processing as many checks as possible with the available capacity? (Solution Note: The transaction limit does not apply to a dummy source.) A. $2169 B. $2259 C. S2379 D. $2489 E. None of the above

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
100%

I need help in Q15....

No need to solve Q13,14...

 

Need urgent help

Part D. Bank Assignments. A bank distributes checks to different sites to be processed within a large metro area. Each site has the capacity to process different amounts of checks per day. The checks that need to be processed each day are personal, payroll, draft, and government. The total demand is different for each type of check. The cost to process each type of check varies with the site. These values are summarized in the table. Total Demand Cost per check Sitel Site2 Site3 Site4 Sites Checks/day Personal 2.55 2.35 3.22 2.85 2.25 500 Рayroll 1.45 1.35 2.1 1.95 1.84 400 Draft 1.67 1.51 1.89 1.86 1.78 200 Government 1.34 1.35 1.41 1.3 1.33 100 Total Capacity Checks/day 400 300 300 200 200 Question 13. What is the minimum cost that can be achieved and meet requirements? A. S2240 B. S2260 C. S2220 D. $2200 E. None of the above Question 14. From concern about a site processing a large number of one type of check, a limit of 200 transactions per type of check for each site is being considered. What is the minimum increase in cost due to this added constraint? A. $12 B. S20 C. ssi D. S125 E. None of the above Question 15. After the transaction limit was implemented for each type of check for each site, the demand for payroll checks was increased to 900 checks/day which increased the total demand for all the checks beyond the total capacity. What is the minimum cost of processing as many checks as possible with the available capacity? (Solution Note: The transaction limit does not apply to a dummy source.) A. $2169 B. $2259 C. $2579 D. $2489 E. None of the above
Transcribed Image Text:Part D. Bank Assignments. A bank distributes checks to different sites to be processed within a large metro area. Each site has the capacity to process different amounts of checks per day. The checks that need to be processed each day are personal, payroll, draft, and government. The total demand is different for each type of check. The cost to process each type of check varies with the site. These values are summarized in the table. Total Demand Cost per check Sitel Site2 Site3 Site4 Sites Checks/day Personal 2.55 2.35 3.22 2.85 2.25 500 Рayroll 1.45 1.35 2.1 1.95 1.84 400 Draft 1.67 1.51 1.89 1.86 1.78 200 Government 1.34 1.35 1.41 1.3 1.33 100 Total Capacity Checks/day 400 300 300 200 200 Question 13. What is the minimum cost that can be achieved and meet requirements? A. S2240 B. S2260 C. S2220 D. $2200 E. None of the above Question 14. From concern about a site processing a large number of one type of check, a limit of 200 transactions per type of check for each site is being considered. What is the minimum increase in cost due to this added constraint? A. $12 B. S20 C. ssi D. S125 E. None of the above Question 15. After the transaction limit was implemented for each type of check for each site, the demand for payroll checks was increased to 900 checks/day which increased the total demand for all the checks beyond the total capacity. What is the minimum cost of processing as many checks as possible with the available capacity? (Solution Note: The transaction limit does not apply to a dummy source.) A. $2169 B. $2259 C. $2579 D. $2489 E. None of the above
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Introduction to Supply chain management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS