Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 1, Problem 17P
Summary Introduction

Interpretation: Organization decide to construct the new manufacturing facility

Concept Introduction: Decision making decides what we are going to do, how we can be achieve and who can complete the work.There are the three level in the hierarchy of decision making i.e. strategic level, tactical level and implementation level. Strategic helps to build organization by introducing new product and objectives. In strategic level, we take decision for long term program and introduce new product for the customer. In Tactical decision making, decision make take decision for short term program and manage information system which helps to arrange workflow as well as procurement of resources.

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Help me solve part C.
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) Dollar Item Annual Demand Cost/Unit Volume % of Total Dollar Volume A2 10 120 B8 4000 12 48,000 5.65 C7 1500 45 67,500 7.94 D1 2000 44 E9 1000 20 20,000 2.35 F3 25 40 G2 200 1500 300,000 35.29 H2 600 20 12,000 1.41 15 1000 300 J8 2500 5 12,500 1.47
Bobby Flay is responsible for assigning steel workers to a structural steel infrastructure construction task. Having taken Project Management at the University of Portland, he understands the importance of managing risk. To ensure that the task takes place as scheduled, Bobby must ensure that there are at least 8 steel workers available at the start of the task. Based on analysis of similar tasks, he estimates that steel workers will show up for the task with probability 0.9. If Bobby wants to be 97% sure that there are enough tasks to begin as scheduled, he should assign ______ steel workers to the task.
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