Operations Management
Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
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Chapter 5, Problem 10P
Summary Introduction

To determine: The operations strategy for each of the given products.

Introduction: Value analysis technique is a cost reduction technique by relating the cost of components with their contribution. Value analysis features the unique characteristic which makes the product to be sold in the market.

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Question 3 A company BioProd Itd. manufactures components for a ventilator unit used in the medical field. Their annual production volumes are in the range of 1400 to 1600 products. a) Due to the current COVID-19 situation the sales forecast has increased to 5000 products in the next few months. Figure 3 shows their current manufacturing system and process flow for one of the aluminium components which are machined for the ventilator. How would you change the production system to deal with the increased production quantity? Assume that all the current factory operations are done manually. State any additional assumptions you may require to take in order to implement your solution.
Q2. Discuss different types of Operations Strategies and different types of production strategies with example
Question No. 7: Production under Constrained Resources Glover Company makes three products in a single facility. These products have the following unit product Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. Mixing minutes per unit Selling price per unit Variable selling cost per unit Monthly demand in units A Product $ $ B $ 35.10 $ 51.60 $ 58.00 25.10 15.90 22.50 2.30 1.70 1.60 7.80 8.40 $ 72.10 $ 86.20 $ A Product B C 81.00 $ 2.90 $ 3100 0.30 0.20 103.40 $ 96.90 3.40 S 3.20 4400 2400 The mixing machines are potentially the constraint in the production facility. A total of 7930 minutes ar available per month on these machines. Direct labor is a variable cost in this company. Required: 83.90 C C a. How many minutes of mixing machine time be required to satisfy demand for all three products? b. How much of each product should be produced to maximize net operating…
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