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A manufacturing company forecasts to sell 440 units in May. They have orders for 95 units in week 1, 80 units in week 2 and 4 units in week 3. Safety stock is 50 units. the product is made in fixed lots of 200 units. They begin May with 140 units in stock. What quantity does MPS schedule for week 3?
FC Dallas is also concerned about the total cost to operate both of the system. The assume that for every hour that a customer spends in line, it costs them $30 in lost revenue. Based on the data that you have calculated above which system has a lowe..
Andy hires John to undertake a broad public relations campaign to try to improve his public image. He agrees to pay John $3,000 for the work. Nothing is said in their contract about timing of payment. When Andy calls for a progress report a few weeks..
Review and revision of Draft Operations Management Plan to reflect the literature and feedbacks. Design of Operations Management Plan structure, style and presentation and Operations Management Plan details
Develop a listing of what you believe are the most important metrics for operations managers. What data would be used to support this metric and how would you ensure that the data are of sufficient quality? How does data analytics support your metric..
Determine the more reliable method to estimate driving speeds and miles per gallon by using (a) official statistics on highway traffic from the Environmental Protection Agency or by using (b) engineering studies of the efficiency of gasoline engin..
The Springdale Public Library receives new books according to a Poisson distribution with mean 25 books per day. Each shelf in the stacks holds 100 books. Determine the following: The average number of shelves that will be stacked with new books each..
Introduce a new product or use one that is out n the market. I have to create a presentation introducing this new product utilizing the Quality function deployment model. I am looking to find one that is already done and i can modify to use for my p..
Identify situations that might lead to unethical practices and behavior in accounting. Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies regarding their financial accounting? Why or why not?
airport delays occur because airport capacity is a scarce resource and airlines are scheduling more flights than that
Choose an article from Bloomberg Businessweek, Fortune, Forbes, Fast Company, or any other wellknown publication that deals with a corporation that has undergone a significant change in its strategic direction. What are the implications for the struc..
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. The monthly forecasts for Product X for January, February, and March are 1,000, 1,500, and l,200, respectively. Safety..
The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $4,500,000. The average inventory in dollars was $500,000.
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