Question 2: What is the proposed labor productivity with the professional buyer? O 3.2 crates per labor hour O 3.16 crates per labor hours O 1.37 crates per labor hour.
Q: what does value system means?
A: This question is related to the topic - Production Management, this topic falls under Operations…
Q: 4. Due to increasing population, the aspiration is to raise their standard of living and further…
A: The level of wealth, convenience, material possessions, and basic needs available to a specific…
Q: primary factor influencing process choice? Question 27 options: the nature of the labor force…
A: The nature of the labor force available is indeed a primary factor influencing process choice. It…
Q: 11. Three yearly moving averages for the given data are ________________________. Year Progress…
A:
Q: Maslow’s need theory
A: Maslow’s hierarchy of needs is a motivational theory comprising five human needs, depicted as…
Q: Question No. 7: Production under Constrained Resources Glover Company makes three products in a…
A: a. = 8030 minutes
Q: ) Discuss symptoms of inefficient material handling in a warehouse. The following information is…
A: The warehouse is an intermediate storage room in which goods are stored between the distribution…
Q: Process characteristics which are needed to satisfy customer demands are called O Competitive…
A: A process is a kit of actions that ends in an output. The components of a process are, it is…
Q: 2. please i need the external analysis for the PASTEL ( see below) -PESTEL analysis for Sony…
A: A PESTEL analysis - based on the framework or process that is utilized by companies to dissect &…
Q: QUESTION 2 (WORK MEASUREMENT: WORK SAMPLING) 10.35 A total of 300 observations of Bob Ramos, an…
A: Given data is Total observations (T) = 300 Working hours (W) = 40 Busy working (B) = 250…
Q: 4. Describe 5 steps to perform Air-Balancing:
A: Air balancing is the process of optimising and adjusting the passage of conditioned air within a…
Q: which would focus on: selling or servicing? Why?
A: Selling is a technique which helps the firm's to clear out its stocks and inventory while servicing…
Q: opinion of DMP
A: Data Mamagement Platform (DMP) is a platform that manages data. It ia the backbone of data driven…
Q: Red Baron Airlines serves hundreds of cities each day, butcompetition is increasing from smaller…
A: The following information is given:
Q: 25. Main method(s) of biomass utilization are (Баллов: 2) biomethenization pyrolysis and…
A: ANSWER: OPTION (C) IS THE CORRECT ANSWER. REASON: Biomass is conversion in to energy by various…
Q: Ethical issues in manufacturing
A: Ethical Issues Ethical issues are the situations or the scenario in which both individual or…
Q: 1. State 5 problem in study. 2. State 5 pattern in study. 3. State 5 sollution in study.
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
Q: a.explain the product life cycle theory ? note: sir pls give me introduction to conclusion.…
A: A product is a service or an item that is offered for sale and which can be sold physically as well…
Q: Q1) One of the industrial investors needed an analysis that would lead him to a break-even level…
A: Formula used- Contribution = (SP per unit - VC per unit ) * Number of units produced Break Even…
Q: Assuming you want to keep the number of employees fixed at 500, project the required productivity to…
A: Production goal of qtr 1: 103000Production goal of qtr 2: 107000Production goal of qtr 3:…
Q: Juestion The given data represents a month from last year and an equivalent month this year. Last…
A: Below is the solution:-
Q: 10.30 Installing mufflers at the O'Sullivan Garage in Golden, Colorado, involves five work elements.…
A:
Q: What are the disadvantages of classic life cycle model?
A: Ans. Introduction The classical life cycle model is the fundamental programming advancement life…
Q: When evaluating sales revenue which critical factor(s) must be considered? a) Number of operating…
A: Sales revenue: Sales revenue is the money a business makes through offering its goods or services to…
Q: Question 3 If we replace the notion of “output” with “useful output” and measure productivity, the…
A: 3) Productivity paradox refers to slowdown the productivity growth with clear evidence of…
Q: Product (ice cream) demand feasibility
A: Ice cream is a frozen dish that is often created from dairy products like milk and cream and is…
Q: campus recycling center is considered as a service so adapt the service strategies to it; cost…
A: Cost leadership:It is a process that Campus recycling centers use to attain a competitive advantage…
Q: QUESTION 3 (INVENTORY MANAGEMENT: ABC ANALYSIS) Booker's Book Bindery divides SKUs into three…
A: A method for categorizing inventory goods based on their consumption values is ABC analysis. The…
Step by step
Solved in 2 steps with 1 images
- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.It costs a pharmaceutical company 75,000 to produce a 1000-pound batch of a drug. The average yield from a batch is unknown but the best case is 90% yield (that is, 900 pounds of good drug will be produced), the most likely case is 85% yield, and the worst case is 70% yield. The annual demand for the drug is unknown, with the best case being 20,000 pounds, the most likely case 17,500 pounds, and the worst case 10,000 pounds. The drug sells for 125 per pound and leftover amounts of the drug can be sold for 30 per pound. To maximize annual expected profit, how many batches of the drug should the company produce? You can assume that it will produce the batches only once, before demand for the drug is known.