OPERATION MANAGEMENT
2nd Edition
ISBN: 9781260242423
Author: CACHON
Publisher: MCG
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Textbook Question
Chapter 13, Problem 2CQ
A newsvendor orders the quantity that maximizes expected profit for two products, X and Y. The critical ratio for both products is .8. The demand
- a. Product X because it has less certain demand.
- b. Product Y because it has more certain demand.
- c. The order quantities are the same because they have the same critical ratio.
- d. More information is needed to determine which has the higher order quantity.
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The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows:
Year
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1
3,000
2
3
4
4,000
3,450
3,850
5
3,800
a) Using a 2-year moving average, the forecast for year 6 =
miles (round your response to the nearest whole number).
b) If a 2-year moving average is used to make the forecast, the MAD based on this = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)
c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.40 and 0.60 (the weight of 0.60 is for the most recent period) = ☐ miles (round your response to the nearest whole number).
miles (round your response to one decimal place). (Hint: You will have only 3 years of
The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.40 and 0.60 =
matched data.)
d) Using…
Task time estimates for the modification of an assembly line at Jim Goodale's Carbondale, Illinois, factory
are as follows:
B
D
G
Time
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(in hours) Immediate Predecessor(s)
A
5.0
B
7.5
C
5.0
A
DEFC
8.0
B, C
4.5
Figure 2
A
B, C
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This exercise contains only part a.
a) The correct precedence diagram for the project is shown in
目
F
B
Figure 3
A
E
B
E
☑
D
F
Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to determine ES, EF, LS, LF, and slack for each activity. The total project completion time
and the critical path should also be determined. Here are the activity times:
Activity Time (weeks) Immediate Predecessor(s) Activity Time (weeks) Immediate Predecessor(s)
A
6
E
3
B
B
8
F
6
B
C
3
A
G
11
C, E
D
1
A
H
7
D, F
Dave's earliest start (ES) and earliest finish (EF) are:
Activity
ES
.EF
A
0
6
B
0
8
C
3
9
D
6
E
F
8
G
22
H
21
Dave's latest start (LS) and latest finish (LF) are:
Activity
LS
LF
H
15
G
11
F
9
Chapter 13 Solutions
OPERATION MANAGEMENT
Ch. 13 - Which of the following is NOT true about the...Ch. 13 - A newsvendor orders the quantity that maximizes...Ch. 13 - Prob. 3CQCh. 13 - Suppose the newsvendor model describes a firms...Ch. 13 - Prob. 5CQCh. 13 - Prob. 6CQCh. 13 - A retailer has two merchandizers, Sue and Bob, who...Ch. 13 - Prob. 8CQCh. 13 - Which of the following changes in the in-stock...Ch. 13 - Prob. 10CQ
Ch. 13 - Prob. 11CQCh. 13 - Prob. 12CQCh. 13 - Prob. 13CQCh. 13 - Prob. 14CQCh. 13 - Dan McClure owns a thriving independent bookstore...Ch. 13 - Flextrola, Inc., an electronics systems...Ch. 13 - Monsanto sells genetically modified seed to...Ch. 13 - Fashionables is a franchisee of The UnLimited, the...Ch. 13 - Teddy Bower is an outdoor clothing and accessories...Ch. 13 - Prob. 6PACh. 13 - Goop Inc. needs to order a raw material to make a...Ch. 13 - Geoff Gullo owns a small firm that manufactures...Ch. 13 - Prob. 9PACh. 13 - Prob. 10PACh. 13 - Prob. 11PA
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