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Company A: An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop computer. This retail chain has a line of credit to finance its inventory and the current interest rate is 1.5%. The chain estimates it can sell 30,000 units per year and it pays $575 dollars per unit. It costs $48 dollars to place each order. How many units should it order each time? You should round your answer up to the nearest laptop unit.
Company B: A manufacturer of laptop computers operates a plant with an annual capacity of 6,630,000 laptop units. One of its models is expected to sell 390,000 units in the coming year.
How large should each product lot be if it costs $575 to change production from one model to another. Assume that the manufacturer values each laptop unit at $280 dollars and it has a holding interest rate of 2%. You should round your answer up to the nearest laptop unit.
Create a Gantt chart from the work breakdown structure. Create a PERT/CPM network showing the interdependencies of the different activities. How long will the project take? (Note: Don’t forget to take “elapsed time” into account.)
Draw a five-force diagram for the child furniture manufacturing, and briefly discuss the nature and strength of each of the five competitive forces in child furniture.
How would an analyst obtain data and determine the number of trips in:
Using the internet, identify an organization that was faced with a problem and needed to communicate how it was going to deal with that problem to various audiences
The target process capability ratio is 1.33. The production manager has just learned that the packet-filling process average weight has dropped down to 85.0 grams. Is the packaging process capable? Is an adjustment needed?
At what volume of output would the two locations have the same total cost? For what range of output would location A be superior? For what range would B be superior?
Suppose that the lifetime T of a system is uniformly distributed on the interval (0,B), where B is a random variable having exponential distribution with parameter lambda>0. Find the reliability function of the system.
Identify and describe the three zones associated with buffers. Explain your answer in detail. JIT is a broad philosophy that pursues three main goals. What are they.
1. design a two 2 day training program for a group of twenty 20 employees.2. identify two to three 2-3 training needs
Examine the concepts of a Value Chain; Competitive Advantage and Customer Delight. Discuss the inter-relationship of the three elements. Provide examples of companies that have been successful in this integration and at least one that has not.
Happy Pet is now considering a new supplier of Everlast Leaders. Each lead would cost only $6.65; but in order to get this discount, Happy Pet would have to buy shipments of 3,000 at a time. Should Happy Pet use the new supplier and take this disc..
Consider a piecemeal replenishment situation where the production rate is 100 units per day, the demand (consumption) rate is 4 units per day, and the economic production lot size is 500 units. Which of the following statements is true? An item exper..
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