Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 7.S, Problem 32P
Summary Introduction
To determine: The option which has the highest expected monetary value.
Introduction:
Expected monetary value (EMV):
The expected monetary value is a figure which indicates how much returns can be possibly achieved by pursing an alternative. It will also define the likelihood of that particular outcome occurring.
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The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown:
Site
Fixed Cost Per Year
Variable Cost per Unit
1
$700
$12.00
2
$1,000
$7.00
$2,200
$5.00
a) After rounding to the nearest whole number, site 1 is best below
After rounding to the nearest whole number, site 2 is best between
After rounding to the nearest whole number, site 3 is best above
b) If the demand is 590 units, then the best location for the potent
3
units.
and
units.
600
0
60
units.
g plant is
Refer to Table S6.1 - Factors for Computing Control Chart Limits (3 sigma) for this problem.
Sampling 4 pieces of precision-cut wire (to be used in computer assembly) every hour for the past 24 hours has produced the following results:
Hour
R
Hour
X
R
Hour
X
R
Hour
X
R
1
3.25"
0.71"
7
3.15" 0.58"
13
3.11" 0.85"
19
4.51"
1.56"
2
3.20
1.18
8
2.65 1.08
14
2.83 1.31
20
2.79
1.14
3
3.12
1.38
9
15
4.
3.39
1.31
10
5
2.97
1.17
6
2.76
0.32
3.02 0.71
3.12 1.01
2.75 1.33 16 2.74 0.50 22
11 2.73 1.17 17 2.76 1.43 23
12 2.87 0.45 18 2.64 1.24
21
2.75
1.03
3.18
0.46
2.94
1.53
24
2.54
0.97
Based on the sampling done, the control limits for 3-sigma x chart are (round all intermediate calculations to three decimal places before proceeding with further calculations):
Upper Control Limit (UCL) =
inches (round your response to three decimal places).
Lower Control Limit (LCL) =
inches (round your response to three decimal places).
Based on the x-chart, the wire cutting process has been
The control limits…
Choose a specific cars company. E.g Toyota, Volkswagen, Hyundai, Mercedes-Benz, BMW, Honda, Ford, Audi, Tesla
Define a list of required machinery, equipment, workstations, offices, rest areas, materials, etc.
Develop and define the location of machinery, equipment, workstations, offices, rest areas, materials.
Make the distribution in the manufacturing facility the most efficient way possible.
Develop a process distribution for one specific product.
Explain why you consider this is the most efficient distribution for this specific manufacturing facility.
demonstrate the benefits of optimizing a production line with the best distribution of its equipment and spaces. To be more productive and profitable.
Chapter 7 Solutions
Principles Of Operations Management
Ch. 7.S - Prob. 1DQCh. 7.S - Prob. 2DQCh. 7.S - Prob. 3DQCh. 7.S - Prob. 4DQCh. 7.S - Prob. 5DQCh. 7.S - Distinguish between bottleneck time and throughput...Ch. 7.S - Prob. 7DQCh. 7.S - Prob. 8DQCh. 7.S - Prob. 9DQCh. 7.S - Prob. 10DQ
Ch. 7.S - Prob. 11DQCh. 7.S - Prob. 12DQCh. 7.S - What are the techniques available to operations...Ch. 7.S - Amy Xias plant was designed to produce 7,000...Ch. 7.S - For the post month, the plant in Problem S7.1,...Ch. 7.S - Prob. 3PCh. 7.S - Prob. 4PCh. 7.S - Prob. 5PCh. 7.S - The effective capacity and efficiency for the next...Ch. 7.S - Southeastern Oklahoma State Universitys business...Ch. 7.S - Prob. 8PCh. 7.S - Prob. 9PCh. 7.S - Prob. 10PCh. 7.S - The three-station work cell illustrated in Figure...Ch. 7.S - The three-station work cell at Pullman Mfg., Inc....Ch. 7.S - The Pullman Mfg., Inc., three-station work cell...Ch. 7.S - Prob. 14PCh. 7.S - 10 minutes per unit. Part 2 is simultaneously...Ch. 7.S - Prob. 16PCh. 7.S - Prob. 17PCh. 7.S - Using the data in Problem S7.17: a) What is the...Ch. 7.S - Prob. 19PCh. 7.S - Prob. 20PCh. 7.S - Prob. 21PCh. 7.S - Prob. 22PCh. 7.S - Prob. 23PCh. 7.S - Prob. 24PCh. 7.S - Prob. 25PCh. 7.S - Prob. 26PCh. 7.S - Prob. 27PCh. 7.S - Prob. 28PCh. 7.S - Prob. 29PCh. 7.S - Prob. 30PCh. 7.S - Prob. 31PCh. 7.S - Prob. 32PCh. 7.S - Prob. 33PCh. 7.S - Prob. 34PCh. 7.S - Prob. 35PCh. 7.S - Prob. 36PCh. 7.S - Prob. 37PCh. 7.S - Prob. 38PCh. 7.S - Prob. 39PCh. 7.S - Prob. 40PCh. 7.S - Prob. 41PCh. 7.S - Prob. 42PCh. 7.S - Prob. 43PCh. 7.S - Prob. 44PCh. 7.S - Prob. 45PCh. 7.S - Prob. 1VCCh. 7.S - a capacity expansion plan and a new 11-story...Ch. 7.S - a capacity expansion plan and a new 11-story...Ch. 7 - Ethical Dilemma For the sake of efficiency and...Ch. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 10DQCh. 7 - Prob. 11DQCh. 7 - Prob. 12DQCh. 7 - Prob. 13DQCh. 7 - Prob. 14DQCh. 7 - Prob. 15DQCh. 7 - Prob. 16DQCh. 7 - Prob. 17DQCh. 7 - Prob. 18DQCh. 7 - Prob. 19DQCh. 7 - Prob. 1PCh. 7 - Usingthedatain Problem 7.1, determinethemost...Ch. 7 - Prob. 3PCh. 7 - Refer to Problem 7.1. If a contract for the second...Ch. 7 - Stan Fawcetts company is considering producing a...Ch. 7 - Prob. 6PCh. 7 - Prob. 7PCh. 7 - Prob. 8PCh. 7 - Metters Cabinets, Inc., needs to choose a...Ch. 7 - Prob. 10PCh. 7 - Nagle Electric. Inc., of Lincoln, Nebraska, must...Ch. 7 - Stapleton Manufacturing intends to increase...Ch. 7 - Prepare a flowchart for one of the following: a)...Ch. 7 - Prepare a process chart for one of the activities...Ch. 7 - Prob. 15PCh. 7 - Prob. 16PCh. 7 - Prob. 17PCh. 7 - Prob. 1CSCh. 7 - Prob. 2CSCh. 7 - Prob. 3CSCh. 7 - Process Strategy at Wheeled Coach Wheeled Coach,...Ch. 7 - Prob. 1.2VCCh. 7 - Prob. 1.3VCCh. 7 - Prob. 1.4VCCh. 7 - Alaska Airlines: 20-Minute Baggage...Ch. 7 - Prob. 2.2VCCh. 7 - Prob. 2.3VCCh. 7 - Prob. 2.4VCCh. 7 - Prob. 2.5VCCh. 7 - Prob. 3.1VCCh. 7 - Prob. 3.2VCCh. 7 - Prob. 3.3VCCh. 7 - Prob. 3.4VC
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