Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
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Chapter F, Problem 5P
Question
• F.5 Arnold Palmer Hospital is studying the number of emergency surgery kits that it uses on weekends. Over the past 40 weekends, the number of kits used was as follows:
NUMBER OF KITS | FREQUENCY |
4 | 4 |
5 | 6 |
6 | 10 |
7 | 12 |
8 | 8 |
The following random numbers have been generated: 11, 52, 59, 22, 03, 03, 50, 86, 85, 15, 32, 47. Simulate 12 weekends of emergency kit usage. What is the average number of kits used during these 12 weekends?
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a) The center-of-gravity coordinates for the location of the proposed outlet in Mobile, Alabama should be:
x = 65.63 (round your response to two decimal places).
y = 29.69 (round your response to two decimal places).
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b) Census tracts 103 and 105 are each projected to grow by 30% in the next year The new center-of-gravity coordinates for the location of the proposed outlet in
Mobile, Alabama should be:
orrect: 0
(round your response to two decimal places).
Enter vour answer in the answer box and then click Check Answer
Question 40
A company buys medium grade carpet in 100-foot rolls. The average number of defects per roll is 1.8. Assuming that these data follow a
Poisson distribution, what is the probability of finding exactly seven defects in a carpet roll chosen at random?
0.001
O 0.002
O 0.003
O 0.004
Question 2
Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local
community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to
recommend his product to other persons. Recently, Mr. Ferdinand has been rumning out of beef
to sell to his customers. One customer suggests to him that he must use past sales records to
forecast demand for his beef so that he can meet his customers demand.
Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three-
week and a four-week weighted moving average to forecast demand for his beef.
I.
II.
Show how Mr. Ferdinand can test the accuracy of his forecast.
III.
Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for
his beef.
日正
Chapter F Solutions
Operations Management
Ch. F - Question: 1 State the seven steps, beginning with...Ch. F - Question: 2. List the advantages of simulation.Ch. F - Prob. 3DQCh. F - Question: 4. Explain the difference between...Ch. F - Question: 5. What is the role of random numbers in...Ch. F - Prob. 6DQCh. F - Question: 7. What is Monte Carlo simulation? What...Ch. F - Question: 8. List six ways that simulation can be...Ch. F - Question: 9. Why is simulation such a widely used...Ch. F - Prob. 10DQ
Ch. F - Prob. 11DQCh. F - Prob. 12DQCh. F - Prob. 13DQCh. F - Prob. 1PCh. F - Prob. 2PCh. F - Prob. 3PCh. F - Prob. 4PCh. F - Question F.5 Arnold Palmer Hospital is studying...Ch. F - Prob. 6PCh. F - Question: F.7 A warehouse manager at Mary Beth...Ch. F - Prob. 8PCh. F - Prob. 9PCh. F - Question: F.10 The number of cars arriving at...Ch. F - Prob. 11PCh. F - Prob. 12PCh. F - Prob. 13PCh. F - Question: F.14 Refer to the data in Solved...Ch. F - Question: F.15 Connecticut Tanning has two...Ch. F - Prob. 16PCh. F - Prob. 17PCh. F - Prob. 18PCh. F - Prob. 1CSCh. F - Prob. 2CS
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- Question 2 Mr. Ferdinand is a well known entrepreneur who sells fresh organic beef to persons in the local community. Customers love the quality of meet that Mr. Ferdinand sells so they tend to recommend his product to other persons. Recently, Mr. Ferdinand has been running out of beef to sell to his customers. One customer suggests to him that he must use past sales records to forecast demand for his beef so that he can meet his customers demand. I Using a numerical example, demonstrate to Mr. Ferdinand how he can use a three- week and a four-week weighted moving average to forecast demand for his beef. II. Show how Mr. Ferdinand can test the accuracy of his forecast. II. Explain to Mr. Ferdinand two ways in which he can benefit from doing forecast for his beef.arrow_forwardQuestion 4 Listen Your Algebra 2 teacher collected data on the number of days each student was absent during a semester and their score, in percent, on the semester exam. The linear regression equation that models the data is ŷ=97.769-3.828x where x represents the number of days absent and y represents the exam score, in percent. The correlation coefficient is r=-0.707 and the coefficient of determination is =0.500. What are the appropriate interpretations of the slope, y-intercept, correlation coefficient, and coefficient of determination? **HINT** Slope: -3.828 y-intercept: 97.769 Correlation coefficient: r = -0.707 The rate the predicted semester exam score decreases for every stu- dent absence. The predicted % score a student will achieve based on having zero absences in a semester. a. correlation coefficient b. y-intercept c. slope The relationship be- tween the number of days a student was ab- sent and their corre- sponding exam score.arrow_forwardQUESTION 4 In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of $60. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past, what is your conclusion concerning the null hypothesis? Reject the null hypothesis Fail to reject the null hypothesisarrow_forward
- QUESTION 4 Suppose the following are the seasonal indices for the first three quarters of the year for a quarterly series: Quarter Seasonal Index Q1 72.4 Q2 85.3 Q3 109.6 Remember that the seasonal indices should average 100 so you should be able to infer the seasonal index for Q4. Furthermore, suppose that the estimated coeffcients from a regression of the deseasonalized series on Time are given below: Coefficients Intercept 2,506 Time 71.3 If the original value of the series in a Q1 was 2,040, then what is the seasonally adjusted value? (please round your answer to 1 decimal place)arrow_forwardQUESTION 2 In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of $60. When testing the hypothesis (at the 5% level of significance) that the average energy use has decreased from the past, what is the test statistic? (please round your answer to 2 decimal places)arrow_forwardQuestion #64 of 85 Question ID: 1251864 Your deceased client had a gross estate valued at $14 million. His estate includes approximately equal values of the following: Limited partnership interests that he has owned for four years in commercial office and retail buildings; these interests recently have shown less than 1% growth per year but nevertheless still produce significant income Renovated apartments that have been decreasing in value at the rate of 12% per year due to deterioration of the neighborhood in which they are located Personal property such as his home, cars, furnishings, and collections; the real estate values in his area have remained steady for the last several years Your client's estate tax bracket is the highest allowed for the year of death. He has named his 21-year-old grandson as the executor of his estate. The grandson's income tax bracket is 12%. If the grandson came to you for advice, you should inform him that the postmortem action available and…arrow_forward
- Question 11 Time series forecast analyze data obtained from past experience True Falsearrow_forwardQuestion 4.27arrow_forwardQUESTION 3 A department store has recorded the sales of the best selling can opener model during the last 6 months. Observed values of the can opener sales are: Period 1 2 3 4 5 6 Sales 25 22 26 33 28 30 Use Holt’s double exponential smoothing with smoothing coefficients α=0.3, β=.15, S1=24.13 and G1=1.484 to calculate F1,2, G2 and S2. F1,2 = S2 = G2 =arrow_forward
- QUESTION 30 The following tabulations are actual sales and forecasts for 6 months. What is ME (Mean Error) at the end of June? (carry to 2 decimal places) Month January February March April May June Demand 408 395 405 420 430 388 Forecast 400.00 403.20 399.92 401.95 409.17 417.50arrow_forwardQuestion 21 Binary variables are best suited to be the decision variables when dealing with yes-or-no decisions. O True Falsearrow_forwardQuestion 14 In a U.S. News & World Report survey, universities were classified and coded as : (1) Large Public, (2) Large Private, (3) Small Liberal Arts, and (4) Small Vocational. The codes (i.e., 1, 2, 3, and 4) can be used to compute: Mean (or average) Standard Deviation Frequency Proportions c and d abovearrow_forward
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