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Sunrise Swimwear manufactures ladies swimwear in January through June of each year that is sold through retail outlets in March through August. The following table summarizes the monthly production capacity and retail demand (in 1000s), and production and inventory carrying costs (per 1000). Carrying Cost per 1000 Month Capacity Demand Production Cost per 1000 First Month Other Months January 16 — $7,100 $110 $55 February 18 — $7,700 $110 $55 March 20 14 $7,600 $120 $55 April 28 20 $7,800 $135 $55 May 29 26 $7,900 $150 $55 June 36 33 $7,400 $155 $55 July — 28 — — — August — 10 — — — For instance, 1000 units of swimwear made in January to meet demand in April would cost $7,100 in production cost plus $220 in carrying costs during February, March, and April ($110 for carrying into February, $55 for carrying into March, and $55 for carrying into April). a. Draw a network ?ow representation of this problem. b. Implement a spreadsheet model for this problem. c. What is the optimal solution?
Your firm has been hired to develop new software for the university's class registration system. Under the contract, you will recieve $491,000 as an upfront payment. You expect the development costs to be $456,000 per year for the next 3 years. On..
The dealership has calculated that it costs $15 in overhead to place an order. Determine the EOQ (round to the nearest whole number).
Using an organization with which you are familiar, identify its core culture and the elements of its observable culture as defined by Senge. What do you think would need to be changed in order to facilitate learning? What role would organizational de..
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To determine the feasible region associated with less than or equal to constraints or greater than or equal to constraints
Assume that a plant operates 2000 hours per year and the demand rate for parts is 100,000 units per year. The circulation time for each Kanban container is 24 hours.
a describe three 3 organizational approaches toward managing stress providing one 1 original example of each.b describe
Assume you are a project leader assigned to manage the cost reduction project for a component used for an agricultural tractor. You are to work with engineering, procurement and supply chain, manufacturing, assembly, and the quality teams in your org..
Technological improvements over the last few decades have greatly impacted the logistics systems development. Discuss how a global positioning system (GPS) can impact transportation efficiency.
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