Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 5, Problem 31P

a)

Summary Introduction

Interpretation: daily effective capacity.

Concept introduction:TC rents circular rubber rafts that its customers use to float down the Ichituckni River. T Cowns a fleet of 200 rafts, each of which is returned on the same day it is rented, and each raft can only be rented once during a business day. Rough water along the Ichituckni River often causes rafts to become scratched and leak air, so the staff at T C is constantly repairing rafts before their next rental.

B)

Summary Introduction

Interpretation:issue of rough water

Concept introduction:Rough water along the ichituckni river often causes rafts to become scratched and leak air.

C)

Summary Introduction

Interpretation:utilization of tube country’s raft fleet.

Concept introduction:T C rents circular rubber rafts that its customers use to float down the Ichituckni River. T C owns a fleet of 200 rafts, each of which is returned on the same day it is rented, and each raft can only be rented once during a business day

D)

Summary Introduction

Interpretation:rentals TC needs to break even each year.

Concept introduction:The break-evenis the point at which total revenue and cost are the same. There is not any gain or loss.

E)

Summary Introduction

Interpretation:rentals TC needs to make in a year to earn $5000 in profit.

Concept introduction:T C rents circular rubber rafts that its customers use to float down the Ichituckni River. T C owns a fleet of 200 rafts, each of which is returned on the same day it is rented, and each raft can only be rented once during a business day

F)

Summary Introduction

Interpretation:BG explained.

Concept introduction:diseconomies of scale are the situation when firms and government are forced to produce goods and services at higher per unit cost.

G)

Summary Introduction

Interpretation: minimum that TC can charge.

Concept introduction:The break-evenis the point at which total revenue and cost are the same. There is not any gain or loss.

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SIPOC Process Supplier Machines Quality Group Leader Double Output Customers Inputs Solutions End of batch Inspection verification Scrap evaluation Sampling Verification Batch complete Evaluation Completed Quality Group Leader Samplings verified Quality Samplings verified Quality Barcode programed Mechanic Parameters registered Quality Line verified Quality Line Verified Quality Second verification Barcode Parameters Line Inspection Second Line Inspection Lot and Expiration Date Quality Quality Mechanic Mechanic Quality Machines Quality Group Leader Quality Quality Quality Batch Verification Process complete Revision Review Sampling Verification Barcode Scanner Machine Parameters Line Clearance Line Clearance Machine Remove Lot Status Verification Close floor Final MFG Review Final QA Review Close Batch Machine removed Lot verified Floor closed MFG Reviewed Process reviewed Batch closed Mechanic Group Leader Quality Quality Quality Group Leader
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