OPERATION MANAGEMENT
2nd Edition
ISBN: 9781260242423
Author: CACHON
Publisher: MCG
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Question
Chapter 3, Problem 1CQ
Summary Introduction
To identify: The question that would be asked in the process analysis of a college admissions office.
Expert Solution & Answer
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Explanation of Solution
Correct option: (b)
Correct answer:
How long does it take the office to process an application?
Justification:
Process analysis is the detailed breakdown of the various activities carried out in a process. In the given scenario, the process to be analyzed is the college admissions office activity. The activity to be analyzed in the admissions office is the processing of application forms for the admission activity. Hence, the time taken to process an admission application will be the appropriate question to be asked.
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Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
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b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 21.0), the MAD = |||||sales (round your response to two decimal places).
Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
Week
Demand
1
2
3
4
5
6
7
8
9
10
21
21
27
38
25
30
35 24 25
30
a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 21.0 are (round your responses to two decimal places):
Week
1
2
3
4
5
Demand 21 21
27 38
Forecast 21.0
☐ G
☐
☐
6
7
25 30 35
∞ ☐
8
9
10
24
25
30
Each machine costs $3 Million. Building the room with all its attendant safety protection and other ancillary costs increases the spending by an additional $2.0 million dollars per MRI suite. Each machine can perform 2000 scans per year.
Each reading of an MRI scan by a radiologist, along with other per-scan-related costs, is $500 per scan.
The machine will last five years.
Don’t worry about discount rates for this problem
Graph the total costs over 5 years as a function of sales for 0-3000 patients annually. Hint: you may need to add a second MRI at some point.
Suppose that you want to make a profit of $500 per scan at a target volume of 1000 patients per year, and you purchase only one machine. Superimpose the total revenue curve on top of the total cost curve in (1).
Chapter 3 Solutions
OPERATION MANAGEMENT
Ch. 3 - Prob. 1CQCh. 3 - Prob. 2CQCh. 3 - Prob. 3CQCh. 3 - Prob. 4CQCh. 3 - You observe a long line at the airport security....Ch. 3 - Prob. 6CQCh. 3 - What is the maximum utilization a resource can...Ch. 3 - Is the capacity of the bottleneck larger than,...Ch. 3 - Prob. 9CQCh. 3 - You observe a vehicle registration department at...
Ch. 3 - Prob. 1PACh. 3 - A community health systems nurse team consists of...Ch. 3 - Consider a process consisting of three resources....Ch. 3 - Prob. 4PACh. 3 - Prob. 5PACh. 3 - Prob. 6PACh. 3 - Prob. 7PACh. 3 - Consider a four-step serial process with...Ch. 3 - Consider a four-step serial process with the...Ch. 3 - Prob. 10PACh. 3 - Prob. 11PACh. 3 - Prob. 12PACh. 3 - The Tesla Model S, one of the most sought-after...Ch. 3 - The Tesla Model S, one of the most sought-after...Ch. 3 - The Tesla Model S, one of the most sought-after...Ch. 3 - The Tesla Model S, one of the most sought-after...
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