State the process to check the accuracy of the simulation model in operations management
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State the process to check the accuracy of the simulation model in operations management ?
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- Centrifugal Pump Operation: How do centrifugal pumps operate, and what factors influence their performance characteristics, including head, flow rate, efficiency, and cavitation resistance?Pendryl Office Supplies is evaluating the profitability of leasing a photocopier for its customers to use on a self serve basis at 10 cents/copy. The copier may be leased for $300 per month plus 1.5 cents per copy on a full service contract. Pendryl can purchase paper at $5 per 500 sheet ream. Toner costs $100 per bottle, which in normal use will last for 5000 pages. Pendryl thinks that there are additional other costs of 0.5 cents per copy. A. How many copies per month must be sold in order to break even? (6000 copies/month) B. What will be the increase in monthly profit for each 1000 copies sold above the break-even point? ($50 per month)Explain why Simulation is widely used technique in organzations ?
- In 2020, Bayer Hospital admitted 15,152 patients. In 2021, a 32% increase in admissions is expected. Currently the hospital has 375 beds and the average patient stays in the hospital 7 days. Assume the hospital operates 365 days a year (assume one patient per bed). a) How many beds were empty, on average, in 2020? b) On average, how many beds do you expect to be empty in 2021?Kilmer Company's customer demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units: Actual run time this week Machine time available per week Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) 1-a. Utilization rate 1-b. Efficiency rate. 1-c. Quality rate 1-d. Overall equipment effectiveness 2-a. Utilization loss in units 2-b. Efficiency loss in units 2-c. Quality loss in units 23,310 minutes 25,900 minutes 0.90 8.00 units per minute 10 units per minute Required: 1. and 2. With respect to the company's overall equipment effectiveness, calculate the following: Note: Do not round intermediate calculations. Round final answers to 2 decimal places and "Units" answers to the nearest whole number. 149,184 units 186,480 unitsPLEASE ANSWER URGENTLY AND SHOW ALL CALCULATIONS QUESTION It takes a cycle of 12 minutes to mould 50 defect-free standard bricks plus 1 minute to adjust the machine for a brick-making machine operated by two machine operators paid R70/hr each. Another lower-capacity machine also takes 12 minutes to mould the bricks plus 36 seconds to adjust the machine, to produce 25 standard bricks operated by one operator paid R100 per hour. If both machines are operated 8 hours a day and a standard brick is sold at R2.00, determine which process should be selected?
- The following data for 2021 are available for Canlubang AutomotiveCompany which manufactures and sells a single automotive product line.Unit selling price = 4Unit variable cost = 20Total fixed cost = 200,000a.) What is the break-even point in units for the current year?b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000to 30,000 units (show complete solution)The Cause and Effect Diagram for logistic service provider analysis the probability of customer dissatisfaction.Kilmer Company's customer demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units: Actual run tine this week Machine time available per week Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) 1-a. Utilization rate 1-b. Efficiency rate. 1-c. Quality rate 1-d. Overall equipment effectiveness 2-a. Utilization loss in units 12,800 minutes 16,000 minutes. 2-b. Efficiency loss in units 2-c. Quality loss in units 6.30 units per minute. 9 units per minute. Required: 1. and 2. With respect to the company's overall equipment effectiveness, calculate the following: Note: Do not round intermediate calculations. Round final answers to 2 decimal places and "Units" answers to the nearest whole number. 72,576 units 80,640 units
- Jefferson Company’s demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units. Actual run time this week 6,106 minutes Machine time available per week 8,600 minutes Actual run rate this week 4.32 units per minute Ideal run rate 6.00 units per minute Defect-free output this week 11,315 units Total output this week (including defects) 15,500 units 1. Compute the utilization rate.2. Compute the efficiency rate. 3. Compute the quality rate. 4. Compute the overall equipment effectiveness (OEE).A ready-to-drink juice manufacturing Plant had recorded a total annual production of 11,124,095.87 L of product with an annual water usage of 108,009 cu.m for the year 2019. In the year 2020, the Plant had produced 9,720,885.51 L using 82,103 cu.m of water. The Plant expresses its water use efficiency (WUE) in terms of volume of water used/volume of product produced and the goal is to achieve a WUE of 9.5. a) What is the Plant's WUE in the year 2019? b) What is the Plant's WUE in the year 2020?The rationale/justification for wanting to engage in the area of waste management practices as a research topic.