EBK PRODUCTION AND OPERATIONS ANALYSIS
7th Edition
ISBN: 9781478628385
Author: Olsen
Publisher: WAVELAND PRESS (ECONTENT)
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Chapter 6.9, Problem 25P
Summary Introduction
Interpretation:Explain the benefitof the ‘principle of postponement’ which can accrue to an automobile manufacturer having two models with different engines.
Concept Introduction:Postponement is a practice to delay (postpone) investing in one or more supply items till a predetermined time/event. This reduces/delays the extent of investment of money and space as far as practical to maximize profits.
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Problem 1 (20 Points)
Davison Electronics manufactures three LED television monitors, identified as Model A, Model B, and Model C. Davison Electronics four manufacturing plants. Each model has its lowest possible production cost when produced at Plant 1. However, Plant 1 does not have the capacity to handle the total production of all three models. As a result, at least some of the production must be routed to the other manufacturing plants. The following table shows the minimum production requirements for next month, the plant capacities in units per month, and the production cost per unit at each plant:
Model
Production Cost per Unit
Minimum Production Requirements
Plant 1
Plant 2
Plant 3
Plant 4
A
$25
$28
$37
$34
48,000
B
$26
$35
$36
$41
75,000
C
$20
$31
$26
$23
60,000
Production Capacity
65,000
50,000
32,000
43,000
Davison’s objective is to determine the cost-minimizing production plan.
Without…
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Does Nike Corporation's emphasis on lean operations help the Vietnamese workforce that still earns $150.00 minimum wage a month since 2014?
Chapter 6 Solutions
EBK PRODUCTION AND OPERATIONS ANALYSIS
Ch. 6.2 - Prob. 1PCh. 6.2 - Prob. 2PCh. 6.2 - Prob. 3PCh. 6.2 - Prob. 4PCh. 6.2 - Prob. 5PCh. 6.2 - Prob. 6PCh. 6.2 - Prob. 7PCh. 6.2 - Prob. 8PCh. 6.5 - Prob. 10PCh. 6.5 - Prob. 11P
Ch. 6.5 - Prob. 12PCh. 6.5 - Prob. 13PCh. 6.5 - Prob. 14PCh. 6.5 - Prob. 15PCh. 6.5 - Prob. 16PCh. 6.6 - Prob. 17PCh. 6.6 - Prob. 18PCh. 6.6 - Prob. 19PCh. 6.6 - Prob. 20PCh. 6.6 - Prob. 21PCh. 6.9 - Prob. 22PCh. 6.9 - Prob. 24PCh. 6.9 - Prob. 25PCh. 6.9 - Prob. 26PCh. 6.9 - Prob. 27PCh. 6.9 - Prob. 28PCh. 6.9 - Prob. 29PCh. 6.9 - Prob. 30PCh. 6.9 - Prob. 31PCh. 6.10 - Prob. 34PCh. 6.11 - Prob. 37PCh. 6.11 - Prob. 38PCh. 6.11 - Prob. 39PCh. 6.11 - Prob. 41P
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