Operations Management: Sustainability and Supply Chain Management (12th Edition)
Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Chapter 5.S, Problem 13P

a)

Summary Introduction

To determine: The revenue retrieval for the GF Deluxe.

Introduction: Life-cycle analysis is the method that helps to determine which method is cost effective by comparing the alternatives. It is used to record the progress of the product and its alternatives through its lifetime.

b)

Summary Introduction

To determine: Better design alternative based on revenue retrieval.

Introduction: Life-cycle analysis is the method that helps to determine which method is cost effective by comparing the alternatives. It is used to record the progress of the product and its alternatives through its lifetime.

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PS.53 Brother I.D. Ricks is a faculty member at BYU-Idaho whose grandchildren live in Oklahoma and California. He and his wife would like to visit their grandchildren at least once a year in these states. They currently have one vehicle with well over 100,000 miles on it, so they want to buy a newer vehicle with fewer miles and that gets better gas mileage. They are considering two options: (1) a new subcompact car that would cost $18,750 to purchase or (2) a used sedan that would cost $12,750.They anticipate that the new subcompact would get 37 miles per gallon (combined highway and around town driving) while the sedan would get 26 miles per gallon. Based on their road tripping history they expect to drive 13,000 miles per year. For the purposes of their analysis they are assuming that gas will cost $2.93 per gallon.Question: How many miles would the Ricks need to drive before the cost of these two options would be the same? (Display your answer to the nearest whole number.) (Hint:…
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Operations Management: Sustainability and Supply Chain Management (12th Edition)

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