The probability that all three suppliers are disrupted using option 1. Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

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Answer 1

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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3. Consider a process consisting of three resources. Assume there exists unlimited demand for the product. a. Resource 1 has a processing time of 6 minutes per unit. b. Resource 2 has a processing time of 3 minutes per unit. c. Resource 3 has a processing time of 5 minutes per unit. All three resources are staffed by one worker. a. Draw a process flow diagram of this process. b. What is the capacity of resource 2? c. What is the bottleneck in the process? d. What is the utilization of resource 2? e. How long does it take the process to produce 200 units starting with an empty system, assuming this is a worker-paced process?

You may need to use the appropriate technology to answer this question. Wood Watercolors is a commercial art gallery that uses a four-week periodic review system to reorder paintings for its showrooms. A one-week lead time is required to fill the order. Demand for one particular style of painting during the five-week replenishment period is normally distributed with a mean of 26 units and a standard deviation of 10 units. (a) At a particular periodic review, 16 units are in inventory. The curator places an order for 20 units. What is the probability that this style of painting will have a stock-out before an order that is placed at the next four-week review period arrives? (Round your answer to four decimal places.) (b) Assume that the gallery is willing to tolerate a 2.5% chance of a stock-out associated with a replenishment decision. How many paintings should the curator have ordered in part (a)? (Round your answer to the nearest integer.) paintings What is the replenishment level…

You may need to use the appropriate technology to answer this question. A daily newspaper is stocked by a coffee shop so its patrons can purchase and read it while they drink coffee. The newspaper costs $1.16 per unit and sells for $1.55 per unit. If units are unsold at the end of the day, the supplier takes them back at a rebate of $1 per unit. Assume that daily demand is approximately normally distributed with μ = 150 and σ = 30. (a) What is your recommended daily order quantity for the coffee shop? (Round your answer to the nearest integer.) (b) What is the probability that the coffee shop will sell all the units it orders? (Round your answer to four decimal places.) (c) In problems such as these, why would the supplier offer a rebate as high as $1? For example, why not offer a nominal rebate? Find the recommended order quantity at 25¢ per unit. (Round your answer to the nearest integer.) What happens to the coffee shop's order quantity as the rebate is reduced? The higher rebate…

Answer 2

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 3

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 4

Question

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

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Answer 5

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

e)

Summary Introduction

To determine: The best options.

Answer 6

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

Answer 7

Chapter 11.S, Problem 5P

a)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 1.

Introduction: Supply chain management is one of the important elements of a business which impacts business product development. With expanding businesses in global conditions, supply chain activities can impact the cost effectiveness of these businesses.

Answer 8

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

Answer 9

b)

Summary Introduction

To determine: The probability that all three suppliers are disrupted using option 2.

Answer 10

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

Answer 11

c)

Summary Introduction

To determine: The total annual expected cost for option 1.

Answer 12

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

Answer 13

d)

Summary Introduction

To determine: The total annual expected cost for option 2.

Answer 14

e)

Summary Introduction

To determine: The best options.

Answer 15

e)

Summary Introduction

To determine: The best options.

Answer 16

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Answer 17

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Answer 18

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Answer 19

Ch. 11.S - Prob. 1DQ Ch. 11.S - Question: 2. It the probability of a super-event...Ch. 11.S - Question: 3. If the probability of a super-event...Ch. 11.S - Question: 4. Describe some ramifications of the...Ch. 11.S - Question: 5. Describe causes of the bullwhip...Ch. 11.S - Question: 6. Describe how the bullwhip measure can...Ch. 11.S - Question: 7. Describe some potentially useful...Ch. 11.S - Prob. 8DQ Ch. 11.S - Question: 9. Describe some disadvantages of using...Ch. 11.S - Question S11.1 How would you go about attempting...

Solution Summary: The author explains the probability that all three suppliers are disrupted using option 1.

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To determine: The probability that all three suppliers are disrupted using option 2.

To determine: The total annual expected cost for option 1.

To determine: The total annual expected cost for option 2.

To determine: The best options.

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