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Up, up, and away is a producer of kites and wind socks. Relevant data on a bottleneck operation in the shop for the upcoming fiscal year are given in the following table: Item Kites Wind socks Demand forecast 30,000 units/year 12,000 units/year Lot size 20 units 70 units Standard processing time 0.3 hrs/unit 1.0 hr/unit Standard setup time 3.0 hrs/lot 4.0 hrs/lot The shop works 2 shifts per day, 8 hours per shift, 200 days per year. Currently, the company operates four machines, and desires a 25 percent capacity cushion. How many machines should be purchased to meet the upcoming year's demand without resorting to any short-term capacity solution?
List 5 of the most important concepts or knowledge that you gained from this week's activities.
Identify the main types of traditional and horizontal organization structure. Using an organization of your choice as an example how is the structure of the organization a reflection of its environment (including national culture), its goals and c..
C-Spec, Inc., is attempting to determine whether an existing machine is capable of milling an engine part that has a key specification of 4+6 .003 inches.
Evaluate how labor relations theories can be applied to workplace practices including the students' own work environment.
What is the optimal interval (in working days) between orders? What is the demand during lead-time? What is the inventory position immediately after an order has been placed?
Agents and employees of Apples Corporation and Oranges Corporation are convicted of conspiring to violate a federal law that is punishable by a term of imprisonment and a fine. Can the corporations be held liable for these crimes? If so, how can t..
What are the advantages and disadvantages of aggregating demand from a forecasting view? Are there other things that should be considered when going from the multiple distribution centers to a single distribution center?
You are aware of the steps in the consumer purchase behavior model and are determined to analyze them in detail. Using Maslow's Hierarchy of Needs model as a backdrop, determine the real motivations behind the use of your service.
Calculate the process capability index and advise if the process is at an acceptable level for an existing process (defend your answer).
What form of business ownership do you propose and why? Why do you feel you have what it takes to be successful entrepreneurs?
Does a company have a duty to go beyond legal requirements and conform to the ethical norms of the societies in which it operates? What is the case for why business strategies should be ethical? What does your case study company do to ensure ethic..
In your opinion, who is the best CEO/leader you have heard of or read about? Why?
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