Operations and Supply Chain Management
14th Edition
ISBN: 9780078024023
Author: F. Robert Jacobs
Publisher: MCG
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Chapter 18, Problem 28OQ
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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.
Chapter 18 Solutions
Operations and Supply Chain Management
Ch. 18 - Prob. 1DQCh. 18 - It is a common saying that the only thing certain...Ch. 18 - From the choice of the simple moving average,...Ch. 18 - All forecasting methods using exponential...Ch. 18 - Prob. 5DQCh. 18 - Prob. 6DQCh. 18 - What implications do forecast errors have for the...Ch. 18 - Causal relationships are potentially useful for...Ch. 18 - Let’s say you work for a company that makes...Ch. 18 - Prob. 10DQ
Ch. 18 - Prob. 11DQCh. 18 - What is the term for forecasts used for making...Ch. 18 - Prob. 2OQCh. 18 - Given the following history, use a three-quarter...Ch. 18 - Prob. 4OQCh. 18 - Prob. 5OQCh. 18 - Prob. 6OQCh. 18 - Prob. 7OQCh. 18 - Prob. 8OQCh. 18 - Prob. 9OQCh. 18 - Prob. 10OQCh. 18 - Prob. 11OQCh. 18 - Prob. 12OQCh. 18 - Prob. 13OQCh. 18 - Prob. 14OQCh. 18 - Historical demand for a product is
Using a...Ch. 18 - Prob. 16OQCh. 18 - Here are the actual tabulated demands for an item...Ch. 18 - A particular forecasting model was used to...Ch. 18 - Prob. 19OQCh. 18 - Prob. 20OQCh. 18 - Prob. 21OQCh. 18 - Your manager is trying to determine what...Ch. 18 - After using your forecasting model for six months,...Ch. 18 - Zeus Computer Chips, Inc. used to have major...Ch. 18 - Prob. 25OQCh. 18 - Prob. 26OQCh. 18 - Prob. 27OQCh. 18 - Prob. 28OQCh. 18 - Prob. 29OQCh. 18 - Prob. 30OQCh. 18 - Prob. 31OQCh. 18 - Prob. 32OQCh. 18 - Prob. 33OQCh. 18 - Prob. 34OQCh. 18 - Prob. 35OQCh. 18 - Prob. 36OQCh. 18 - Prob. 37OQCh. 18 - Prob. 38OQCh. 18 - Analytics Exercise: Forecasting Supply Chain...Ch. 18 - Prob. 2AECh. 18 - Prob. 3AECh. 18 - Prob. 4AECh. 18 - Prob. 1PECh. 18 - Prob. 2PECh. 18 - Prob. 3PECh. 18 - Prob. 4PECh. 18 - Prob. 5PECh. 18 - Prob. 6PECh. 18 - Prob. 7PECh. 18 - Prob. 8PECh. 18 - Prob. 9PECh. 18 - Prob. 10PECh. 18 - Prob. 11PECh. 18 - In each of the following, name the term defined or...Ch. 18 - Prob. 13PE
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