Business in Action (8th Edition)
Business in Action (8th Edition)
8th Edition
ISBN: 9780134129952
Author: Courtland L. Bovee, John V. Thill
Publisher: PEARSON
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Chapter 20, Problem 1ITI
Summary Introduction

To discuss: An email regarding the current rate of adoption of digital wallet by smart phone users and the behavioural and technical issues which discourages the consumers and retailers to jump on the activities.

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Currently a company that designs Web sites has five customers in its backlog. The time since the order arrived, processing time, and promised due dates are given in the following table. The customers are ready to be scheduled today, which is the start of day 190. Time Since Order Arrived Customer (days ago) Processing Time (days) Due Date (days from now) A 3 24 58 B 2 32 100 с 10 20 26 D E 8 6 12 28 50 66 a. Develop separate schedules by using the FCFS and EDD rules. Compare the schedules on the basis of average flow time and average days past due. Using the FCFS (first come, first served) decision rule for sequencing the customers, the order is: Sequence Customer 1 2 3 4 5
The Donald Fertilizer Company produces industrial chemical fertilizers. The projected manufacturing requirements (in gallons) for the next four quarters are 60,000, 90,000, 90,000, and 140,000 respectively. A level workforce is desired, relying only on anticipation inventory as a supply option. Stockouts and backorders are to be avoided, as are overtime and undertime. a. Determine the quarterly production rate required to meet total demand for the year, and minimize the anticipation inventory that would be left over at the end of the year. Beginning inventory is 0. The quarterly production rate is ☐ gallons. (Enter your response as an integer.)
How would you design an operations plan and schedule for a new product/service?   What factors would you consider and what challenges would you anticipate? Why are these factors and challenges relevant and how would you address them?
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