Book Title
10th Edition
ISBN: 9781337605656
Author: CROSS
Publisher: CENGAGE L
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Chapter 15, Problem 2RE
Summary Introduction
Case summary:JH’s husband who was twenty years old died of cancer. She has a pending medical bill of $50,000 from her husband, a mortgage payment of $1500 and, other debts. She has been working in a library for ten years earning $1500 per month and receives $1500 in social security, and $1100 in life insurance after her husband's death. She has to clear the dues and there is hardly any money left for groceries. JH decides to file for chapter 7 bankruptcy.
To find: The time JH has to submit the required schedule after filing the application of Bankruptcy.
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Question 2
MGMT2026 Production and Operations Management Semester II 2024-2025
a. Aman ltd. desires to locate a new facility. Based on preliminary analysis, the choice has been
reduced to four locations: A, B, C, and D. These four locations were rated on a scale from 1
(worst) to 10 (best) on each of four criteria. Each criterion was also weighted to indicate its
importance (i.e., the higher the weight, the more important). The list of ratings and weights
follows in the Table 2 below:
Table 2
Factor Score Evaluation by Location
Criterion
Weights
A
B
с
D
Wages
25
4
5
3
4
Government Policies
30
8
7
6
5
Unionisation
Weather
15
6
4
3
2
30
3
4
6
5
i.
Based on weighted scores, where should Acme locate its new facility?
[6 marks]
b. An operations manager has narrowed down the search for a new factory to three locations. The
fixed and variable costs associated with each location is given in the table below.
i.
Table 3
Location
Fixed Cost
Variable Cost
A
$100,000
$10
B
$150,000
$7
с
$200,000
$5…
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