Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 14, Problem 25P
Using your answers for the lot sizes computed in Problems 14.22, 14.23, and 14.24, which is the best technique and why?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
3. Is one equivalent unit computation sufficient for all cost components? Explain your answer.
KAIZEN & MUDA
Kinds of waste (muda) are the following:
Multiple Choice
Motion, Waiting, Transportation, Benchmarking
Motion, Waiting, Transportation, Storage
Option a and Option b
Defects, Processing, Overproduction
A different answer (not contained in the options)
Option c and Option d
Storage, Defects, Processing, Kaizen
A new highway is to be constructed. Design A calls for a concrete pavement costing $80 per foot with a 20-year life; four paved ditches costing $3 per foot each; and two box culverts every mile, each costing $9,000 and having a 20-year life. Annual maintenance will cost
$1,800 per mile; the culverts must be cleaned every five years at a cost of
$350 each per mile. Design B calls for a bituminous pavement costing $55
per foot with a 10-year life; three sodded ditches costing $1.45 per foot each; and four pipe culverts every mile, each costing $2,100 and having a 10-year life. The replacement culverts will cost $2,350 each. Annual maintenance will cost $2,900 per mile; the culverts must be cleaned yearly at a cost of $215 each per mile; and the annual ditch maintenance will cost
$1.35 per foot per ditch.
Compare the two designs on the basis of equivalent worth per mile for a 20-year period. Find the most economical design on the basis of AW and PW if the MARR is 6% per…
Chapter 14 Solutions
Principles Of Operations Management
Ch. 14 - Ethical Dilemma For many months your prospective...Ch. 14 - What is the difference between a gross...Ch. 14 - Prob. 2DQCh. 14 - What are the similarities between MRP and DRP?Ch. 14 - How does MRP II differ from MRP?Ch. 14 - Which is the best lot-sizing policy for...Ch. 14 - What impact does ignoring carrying cost in the...Ch. 14 - MRP is more than an inventory system; what...Ch. 14 - What are the options for the production planner...Ch. 14 - Master schedules are expressed in three different...
Ch. 14 - What functions of the firm affect an MRP system?...Ch. 14 - Prob. 11DQCh. 14 - Prob. 12DQCh. 14 - Prob. 13DQCh. 14 - Prob. 14DQCh. 14 - As an approach to inventory management, how does...Ch. 14 - Prob. 16DQCh. 14 - Use the Web or other sources to: a) Find stories...Ch. 14 - Prob. 18DQCh. 14 - Prob. 19DQCh. 14 - You have developed the following simple product...Ch. 14 - You are expected to have the gift bags in Problem...Ch. 14 - Prob. 3PCh. 14 - Your boss at Xiangling Hu Products, Inc., has just...Ch. 14 - The demand for subassembly S is 100 units in week...Ch. 14 - Prob. 6PCh. 14 - Prob. 7PCh. 14 - Prob. 8PCh. 14 - Prob. 9PCh. 14 - Prob. 10PCh. 14 - Prob. 11PCh. 14 - Prob. 12PCh. 14 - Prob. 13PCh. 14 - Prob. 14PCh. 14 - You are product planner for product A (in Problem...Ch. 14 - Prob. 16PCh. 14 - Prob. 17PCh. 14 - Heather Adams, production manager for a Colorado...Ch. 14 - Prob. 19PCh. 14 - Prob. 20PCh. 14 - Prob. 21PCh. 14 - Prob. 22PCh. 14 - Data Table for Problems 14.22 through 14.25 ...Ch. 14 - Develop a POQ solution and calculate total...Ch. 14 - Using your answers for the lot sizes computed in...Ch. 14 - M. de Koster, of Rene Enterprises, has the master...Ch. 14 - Grace Greenberg, production planner for Science...Ch. 14 - Prob. 28PCh. 14 - Prob. 29PCh. 14 - Prob. 30PCh. 14 - Courtney Kamauf schedules production of a popular...Ch. 14 - Using the data for the coffee table in Problem...Ch. 14 - Prob. 1CSCh. 14 - Prob. 2CSCh. 14 - Prob. 1.1VCCh. 14 - Prob. 1.2VCCh. 14 - Prob. 1.3VCCh. 14 - Prob. 2.1VCCh. 14 - Prob. 2.2VCCh. 14 - Prob. 2.3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- For a unit volume (or demand level) that is EXACTLY equal to the UNROUNDED break-even point (derived in the previous question), what would be the total cost? (Display your answer to the nearest whole number). HINT: When using the break-even point derived in the previous question, be sure to NOT use it as a rounded number. Instead, be sure to include the exact break-even point, including any digits after the decimal, in order to get the correct total cost. If necessary, use direct cell referencing to ensure the correct break-even point is used. 9455 For a volume that is 5 units greater than the break-even point (derived in the previous two questions), which process option would be best? Speed Bake Pre-Bake Easy Bakearrow_forwardIn a large microelectronics plant, the assembly cell for circuitboards has a demand for 200 units an hour. Two feeder cellssupply parts A and B to the assembly cell (one A and one Bfor each board). Standard containers that look like dividedtrays are used. A container will hold 20 As or 10 Bs. It takes10 minutes to fill up a container with As and 20 minutes tofill up a container with Bs. Transit time to the assembly cell is5 minutes for both A and B. No safety factor is used. Set up akanban control system for the assembly process.arrow_forwardThe Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, and C) that are purchased from outside and cost 35, 30, and 10 cents per piece, respectively. Parts A and B are assembled first on assembly line 1, which produces 185 components per hour. Part C undergoes a drilling operation before being finally assembled with the output from assembly line 1. There are, in total, six drilling machines, but at present only three of them are operational. Each drilling machine drills part C at a rate of 80 parts per hour. In the final assembly, the output from assembly line 1 is assembled with the drilled part C. The final assembly line produces at a rate of 205 components per hour. At present, components are produced eight hours a day and five days a week. Management believes that if the need arises, it can add a second shift of eight hours for the assembly lines. The cost of assembly labor is 30 cents per part for…arrow_forward
- 601 Ana Chavarria, front office manager at The Times Hotel, has completed a revenue management semi- nar at Keystone University and is preparing an argu- ment in favor of adopting this concept at The Times Hotel to present to Margaret Chu, the general man- ager. She begins by compiling a history of room occupancy and ADRS, which she hopes will reveal areas in which revenue management could help. She prepares an electronic spreadsheet that lists rooms sold with corresponding room rates and correlates the data to tourism activities in the area. Ana sends an analysis of revenue realized and revenue potential to Ms. Chu for review prior to their discussion After reviewing the analysis, Ms. Chu concludes, "This is just another scam; the industry is slow to adopt this," and disregards the entire report. She knows that occupancy percentage, ADR, and RevPAR are all you need to be efficient today, so why change? Ana passes Ms. Chu in the lobby, and Ms. Chu indicates her distrust of the revenue…arrow_forwardConhugeco is deciding between three levels of automation for the work cell that produces a key component. The Amazing Criswell, the company forecaster, believes that there could be three levels of demand for the products produced in this work cell and has developed this table of probable annual maintenance costs for company executives. Low Demand Medium Demand High Demand No Automation 125 85 105 Robotics 110 120 130 CAD/CAM 190 160 50 FMS 140 160 120 What is the best decision if Conhugeco company executives use a minimax regret approach to this decision? a. Robotics b. FMS c. CAD/CAM d. No Automationarrow_forwardThe UCC only covers goods transaction, not services transactions. True Falsearrow_forward
- ABC Corporation recently decided to switch to just-in-time (JIT) inventory system. At the beginning of this switch, the firm has 40 units of product in inventory. The firm has 2,500 labor hours available in the first month of this switch. These hours could produce 700 units of the product. Customer demand for this month is 500 units. If JIT principles are correctly followed, how many units should the firm produce in the first month of the switch? a. 40 b. 740 c. 500 d. 460 e. 660 f. 200arrow_forwardWhich one of the following is a variable to be considered when calculatingproduction lot size? a forecasted demandb customer orderc the lower of customer orders and forecasted demandd the higher of customer orders and forecasted demandarrow_forwardA warehouse, just outside of Montreal, gets a daily shipment of a USB connector product. The daily demand of this product is 1850. The products are first placed in storage (waiting stage) at the entrance of the warehouse where on average there are 320 products. A Receiving clerk picks the products from storage and verifies them (assure quality stage). It takes the clerk 0.01 days to verify each product. Then the products are sorted and packaged (sorting stage) into three streams: Ottawa (20% of products), Laval (30% of products), and Montreal (50% of products). On average, there are 380 products being sorted. After, three shipping stations load the products into trucks heading to each location respectively (Montreal, Laval, and Ottawa). The loading stage takes 0.004, 0.01 days, and 0.08 days for the destination of Montreal, Laval, and Ottawa respectively for each product (last stage of process). On Average, how many hours does a product spend in the warehouse (assuming 8 hours in a…arrow_forward
- What is OEE and also calculate the OEE from the given data in below table. Item Data Shift Length 8 hours Breaks (2) 15 minute and (1) 30 minute Downtime 47 minutes Ideal Cycle Time 1.0 seconds Total Count 19,271 widgets Reject Count 423 widgetsarrow_forwardRick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 305 days. a) Setup cost= b) Setup time = Setup labor cost Annual holding cost $60.00 per hour $19 per unit 1,040 units/day 30,500 (305 days x daily demand of 100 units) Q = 260 units Daily production (8 hours) Annual demand for steering wheels Desired lot size (2 hours of production) (round your response to two decimal places). minutes (round your response to two decimal places).arrow_forwardDetermine optimal number of needles to order D = 1,000 units S= $10 per order H= $.50 per unit per year Q* = 200 unitsarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY