Regarding the economic order quantity, which of the following is true? OA all of the options are true OB. It minimizes inventory holding costs OC. It minimizes the number of orders required to meet demand OD. It minimizes the sum of inventory holding and ordering costs. OE. It minimizes inventory ordering costs
Q: At Quick Car Wash, the wash process is advertised to take less than 8 minutes. Consequently,…
A: R-chart is the type of control chart which is used to analysis the process variability. Sample…
Q: a) Based on the activity time estimates, the expected times and variance for each of the…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: Using PERT, Adam Munson was able to determine that the expected project completion time for the…
A: For your better Understanding:
Q: Terminator, Inc., manufactures a motorcycle part in lots of 250 units. The raw materials cost for…
A: Given that: Lot size = 250 unitsRaw material cost = 150Value added in manufacturing = 300Total cost…
Q: 7. (Maximize) Objective function: z = x₁ + x₂ Z Constraints: x₁ + x₂ + 3x3 ≤5 X1 2x1 - 2x3 = 1 x2 x₂…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: A specification for bottle filling has an upper limit of 9.16 ounces and a lower limit of 9.12…
A: Process capability ratio is a statistical measure .It produces output within specification limits.
Q: Draw the Schedule Network diagram and durate. Ⓒ3 Col Colate for word pass Calculate Back Word paes
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: Is a company better off having many smaller warehouses of few large ones? What are some pros and…
A: A warehouse is a facility of the business that has certain handling and storage resources. These…
Q: What is the cost to finish this project (all activity durations are in weeks and costs in US…
A: Find the Given details below: Activity Predecessor Normal Time (NT) (Weeks) Normal cost (NC) ($)…
Q: Grave City is considering the relocation of several police substations to obtain better enforcement…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: GreenLawns provides a lawn fertilizing and weed control service. The company is adding a special…
A: Given data is Objective function: Max S=-2R2-12M2-9RM+20R+37M Subject to constraints: 1R+1M≤4R,M≥0
Q: The Quality Operations Manager has found out that there are 10 total defects from 10 samples, each…
A: Number of Sample (N) = 10 Sample Size (n) = 22 items Total Defects = 10
Q: Suppose that in month 1, both the retailer and the wholesaler in a supply chain ordered 20,000…
A: Bullwhip effect describes how demand is amplified at all levels of the supply chain. Although the…
Q: true or false? Just type T or F after the arrow. 1. An employer must report every workplace injury…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Use the From-To table below to create Activity Relationship Chart. From/To A A ABCDE A X 5 15 0 20…
A: Note: As nothing is mentioned about the figures given, we will assume that A-E are the five…
Q: 4 An American consulting firm is planning to expand globally by opening a new office in one of four…
A:
Q: The International Chef, Inc, markets three blends of onental tea premium, Duke Grey, and breakfast.…
A: Let premium be x1, duke grey be x2 and breakfast be x3 The objective value is to maximize the…
Q: Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a…
A: A flexible manufacturing system (FMS) production technique is made to quickly adjust to changes in…
Q: Article 1: South Africa Ready-To-Drink (RTD)/Iced Tea Industry Landscape Report 2021 In South…
A: SCO is consist of two types of elements, strategic and structural. Strategic elements are…
Q: Problem 15-5 (Algo) A manufacturer has decided to locate a new factory in northwestern United States…
A: Given-
Q: At the Qatar 2022 FIFA World Cup’s opening game on 20 November 2022, the iconic Al Bayt Stadium was…
A: The M/M/1 model refers to the single server model with exponential service time. There is no limit…
Q: Under federal anti-trust law, it is illegal for a group of consumers to attempt to boycott a certain…
A: Explanation : Any company may, all alone, refuse to work with another firm, yet an arrangement among…
Q: uppose during your college life, every year you need $5,000 cash to spend in addition to the…
A: ANSWER : D = annual demand = $5000h =annual handling cost per unit = interest per unit =$ 0.05S =…
Q: To what extent do the most common error messages differ, and what do they typically indicate?
A: ANSWER : An error message is information displayed when an unforeseen issue occurs, typically on a…
Q: You are facing a labor strike. You need to redesign schedules accordingly given the fact some…
A: The shifts are of 6 hours and an employee will need to work for 9 hours. If we split the shifts into…
Q: Consider a product with three components in series, with reliabilities of 0.98, 0.76, and 0.89 for…
A: The likelihood that a system operates well for a certain period of time is known as reliability. No…
Q: How does operation management affects the profitability of a business ?
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: The demand data for Double T Computer Services appears below. The company wants you to forecast the…
A: With given period and demand, Least squares line, y = a + bx b = N*∑XY - (∑X)*(∑Y)N*(∑X2) - (∑X)2 a…
Q: What are the four main modes of transportation besides pipeline transportation? What is the…
A: The four main modes of transportation other than pipeline transportation are explained below. Air: -…
Q: Incorporating flotation costs into the analysis of a project will : a. increase the initial cash…
A: Explanation : Flotation costs increase the initial outlay of money because the company must raise…
Q: Pls solve this question correctly in 5 min i will give u like for sure Question # 1 Teresa Cohan is…
A: Given- Annual demand (D)= 5,000 unitsOrdering cost (S) = $30 per orderUnit Cost = $200Holding cost…
Q: Explain how dfx (design for x ) manufacturing/assembly/safety/environment) helps in accelerating the…
A: Project accelerating - it is the process of moving a particular project toward completion at a…
Q: 9. Fish bone Diagram (¹ The client owns a vehicle manufacturing facility, which has high energy…
A: A fishbone diagram is a graphical tool that helps an organization detect certain causes leading to a…
Q: In Exercises 1-4, write the simplex tableau for the given linear pro- gramming problem. You do not…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Given a project with the following characteristics, answer the following questions: 1. You are the…
A: Given data: Build 2 birdhouses in =12 months.Each birdhouse is planned to cost= $100.The project…
Q: What are the benefits and drawbacks of using a pre-existing model as a jumping off point for a…
A: Starting a project is one of the most important parts of project management because it forms the…
Q: QUESTION 8 You are given the following information, comprising of an individual's expenses for the…
A: Given data-
Q: Why should management be concerned about improving setup time? What do you recommend to Hammond…
A: Setup time is the amount of time required to configure a machine so that it is prepared to handle a…
Q: PROVIDE ACTIONS OR RECOMMENDED ACTIONS TO OVERCOME THE CHALLENGES WHEN IT COMES TO RECRUITMENT AND…
A: Your development might need to be improved by hiring the correct staff, which can cost you time and…
Q: The daily holding cost of Alternative 1 is $________. (Enter your response rounded to two decimal…
A: Given, Holding cost = 30% Shipping amount = $104,800 Alternative 1 : Cost = $3370 Days = 30…
Q: Deluxe coffee is to be mixed with regular coffee to make at least 42 pounds of a blended coffee. The…
A: Simply put, cost reduction means businesses are optimizing productivity or using the fewest…
Q: At the BlueFin Bank corporate headquarters, management was discussing the potential of outsourcing…
A: Given, Let X be variable cost Let Y be fixed cost of Blue fin TC = Fixed cost + Variable cost For…
Q: Conduct a value chain analysis for Mc Donald's. Identify its primary and secondary activities.…
A: McDonald's primary activities: Inbound logistics: This is the process of transports and distributes…
Q: For a certain drilling machine of the Putnam Manufacturing Company, control limits for an x−Chart…
A: Find the Calculations below: Control chart: Based on the above graph, we conclude that the given…
Q: ct throughout its development cycle. Make use of the following sub-headings: describe the factors…
A: Controlling the quality of services is the main focus of quality management, as the name suggests.…
Q: Phillip Witt, president of Witt Input Devices, wishes to create a portfolio of local suppliers for…
A: Find the Calculation methods below: EMV (One Supplier) = (Shutdown cost * Probability of Super…
Q: The following jobs are waiting to be processed at a small machine center JOB DUE DATE 10 20 30 40 50…
A: Given-
Q: a) Draw the network diagram b) c) d) Calculate the total duration of the project Identify the…
A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF) = ES +…
Q: The Kanban calculations do not factor in an allowance for safety stock. True False
A: Explanation : The kanban calculations involves the allowance for safety stock . So the given…
Q: Discuss the need of man- power planning .
A: For a company to achieve its goals, manpower planning fundamentally entails gathering the necessary…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- If EOQ = 289 units, S = $100, and H = $1 per unit per month, what approx. annual demand (D) level would the EOQ model best fit? Pick the closest answer option. EOQ = Sq root of [(2D*S)/H] D = annual demand in units S = cost of placing 1 order; H = cost of holding 1 unit of that item in inventory for 1 year 3596 units 3540.00 units 5011 units 4510 unitsQ5- B- Fill in the blanks with appropriate words: a) Crash time is an amount of time b) The main task of Project Crashing is - c) The function of the economic order quantity EOQ model is to d) The number of ordering during the year is known as e) There are several variations of the EOQ model, depending on the -Instructions There are four parts to this problem. Use Excel to perform the following. a. Use the economic order quantity formula (EOQ = SQRT((2SD/H)) to determine the optimal number of units that the company should order based on each assumed level of order based on each assumed level of order quantities provided in the data. b. Complete the table by calculating the number of orders per year, annual order cost, annual holding cost, and annual total cost. Highlight the minimum annual total cost using conditional formatting. Hint: The minimum cost should equal the cost at the EOQ you calculated in part a. c. Create a line chart that graphs annual order cost, annual holding cost, and annual total cost. The x-axis should be the quantity ordered. Include a chart legend, appropriate chart title, axes labels, and properly formatted amounts on the axes. d. Examine the chart and your responses to parts a and b. Indicate any relationships.
- 3: A manufacturer maintains an inventory of needles. Inventory consumption is constant at 1200 needles per day and lead time for new needles is constant at five days. If the manufacturer wishes to maintain a safety stock of 600 needles, what should its reorder point be? OA. 5000 OB. 5400 F2 OC. 4800 OD.7200 OE. 6600 OF. 6000 #3 A Moving to another question will save this response. 80 E F3 $ 4 DOD OOD F4 R % 5 F5 T A 6 MacBook Air Y & 7 ◄◄ F7 U * 8 ► 11 F8 ( 9 F9 O ) 0 F10 >> (4) F11 + 11 F12 # 2 delePlease do not give solution in image format thanku A mail-order house uses 16,820 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10 a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year.[item no.12] Which of the following formulas is correct about the production run model? a. Total produced during production run = dt b. Total used during production run = pt c. Annual holding cost = QCh(1-p/d)/2 d. Maxium inventory level = Q(1-d/p)
- 20. Identifying true or false: I - Just-in-time purchasing is guided solely by the economic order quantity. II - Companies that implement JIT purchasing will switch their suppliers when another supplier offers alower price. III - Just-in-time purchasing describes the flow of goods, services, and information from the initial sourcesof materials and services to the delivery of products to consumers, regardless of whether those activities occur in the same organization or in other organizations Group of answer choices All are false. T, T, F F, F, T All are true T, F, TXYZ Company must order tires from its warehouse. It costs $10550 to place an order and to review the inventory level. Annual tire sales are normally distributed with mean 20000 and variance 4,000,000. It costs $10 per year to hold a tire in inventory, and each order arrives two weeks after being placed. The Company uses periodic review (R, S) policy. What is the review interval R (in years), estimated using EOQ.? Select one: a. 1.027 O b.0.1083 c. 0.2297 d. 0.1624 e. 0.3248XYZ Company must order tires from its warehouse. It costs $10400 to place an order and to review the inventory level. Annual tire sales are normally distributed with mean 18000 and variance 4,000,000. It costs $8 per year to hold a tire in inventory, and each order arrives two weeks after being placed. The Company uses periodic review (R, S) policy. What is the review interval R (in years), estimated using EOQ.? Select one: a. 0.3801 b. 0.19 c. 0.2687 d. 1.075 e. 0.1267
- Given this information:Lead-time demand = 615 poundsStandard deviation of lead time demand = 48 pounds (Assume normality.)Acceptable stockout risk during lead time = 4 percentUse Table. a. What amount of safety stock is appropriate? (Round your answer to the nearest whole number.) Safety stock units b. How much of this item should be reordered? (Round your answer to the nearest whole number.) ROP units c. What risk of stockout would result from a decision not to have any safety stock? (Omit the "%" sign in your response.) Stockout risk %27) Ali has a restaurant where the customers use a different number of disposable cups each day he is open. Every 30 days, Ali places an order to replenish his cup inventory. It takes 3 days for the order to arrive, at which point it brings the inventory level up to 4000 cups. It costs Ali $30 to have the order processed. Select all statements that apply to Ali's situation: Group of answer choices a) Ali uses a Continuous Inventory System b) d is constant c) Ali uses a Periodic Inventory System d) Ali uses a Fixed-Order-Quantity Inventory System e) Maximum Inventory Level is constantRed Corporation uses the reorder point modelto plan its purchases. It sellsitssole productat the following daily amounts:Minimum=30,000; Average=40,000;Maximum=60,000. Its supplier takes 3 dayson average and 4 days maximum to deliverthe order. The-reorder point would be A. 240,000B. 160,000C. 120,000D. 90,000