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The workday is seven hours long. Demand for completed product is 750 per day. Balance the line using the longest-operating-time rule.
Discuss why breakeven analysis is important in making capacity planning decisions. How do decisions related to profitability factor into this analysis?
Use MAD to decide which method produced the better forecast over the six-month period. Using exponential smoothing with α = 0.20, if the exponential forecast for week 3 was estimated as the av
Using a three-week moving average, what would you forecast the next week to be? (Round your answer to the nearest whole number.)
What is the capacity of this assembly line, in finished units/hr? What is the utilization of Worker 4, ignoring the production of the first and last units?
Explain how the relative costs of storage, shortage, overtime, subcontracting, layoffs, etc., influence the choice of strategy.
Profits (Y, in hundreds of thousands of dollars) by the regression equation Y = 8.21 + 0.76 X. What is your forecast of profit for a store with sales of $40 million? $50 million?
Past history says that tomorrow's demand for lettuce averages 250 boxes with a standard deviation of 34 boxes. How many boxes of lettuce should the supermarket purchase tomorrow?
solution A lies between 30 and 150 units, and that for solution B between 40 and 200 units. Find the optimal production amounts of A and B using the Graphical Method.
What is the average labor utilization (do not consider any transient effects such as the line being emptied before breaks or shift changes)?
When designing a new system, what are the steps needed to finalize the process in the most effective manner?
Calculate the utilization and efficiency of the Southwest operation. If the efficiency for next month is expected to be 82%, what is the expected output?
Customers who collect four winning lottery tickets are eligible for the "BIG SPIN" for large payoffs. What is the probability of qualifying for the big spin if a customer fills up 7 times?
Susan's annual fixed cost for space, equipment, and supplies is $61,000. Which is the preferred process for Susan, and why?
If line employees are required to assume the quality control function, their productivity will decrease. Discuss this. You don"t inspect quality into a product.
This is the effective capacity. If the work center has a system efficiency of 95%, what is the expected output in hours per week?
Determine the optimum solution for each of the following LPs using the Simplex Method. Maximize z = 2x1 - 4x2 + 5x3 - 6x4
What capability would an organization have to not need forecasts? Could you please make a couple suggestions.
Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza. What is the break-even point for each oven?
You are considering opening a copy service in the student union. You estimate your fixed cost at $15,000 and the variable cost of each copy sold at $.01. What is the break-even point in units?
James Lawson's Bed and Breakfast, in a small historic Mississippi town, must decide how to subdivide (remodel) the large old home that will become its inn. Which option has the highest expected valu
Identify mission-related environmental risks. Identify potential effects of environmental factors on missions and operations
Bunny Helpers, Inc. has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week six. What is the net requirement for Dark Chocolate Truffles to fil
1,477 were produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, how would you rate this performance, other things being equal?
She estimates that the airline will sell 65 seats at the lower price and 35 at the higher price. Variable cost will not change. Which approach is preferable to Ms. Morgan?