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Peanut Processing Company produces cans of peanuts. The company expects sales of 15,000 cans in January, 16,000 cans in February, 17,000 cans in March, and 17,000 cans in April. There are 1,500 cans in inventory at the beginning of January. The company tries to maintain a monthly ending inventory of cans of peanuts equal to 10% of the next months projected sales.
Prepare a production budget for the company for the months of January, February, and March
Suppose my office uses ten different kinds of inkjet printers, and as a result I need to maintain inventory of ten different types of ink cartridges. This is a large office, and the average demand for each type of cartridge is 15 cartridges per month..
Generate a sampling design that will yield the best results for your research objective. Include the following information: Description of the population: Process for identifying the target population and selecting the sampling frame. Describe the sa..
Compare smooth or level aggregate production policies with chasing policies. Explain when each is likely to be preferred. Give an example of organization and discuss what type of aggregate planning is used.
The production process is most efficient when 12 units per day are produced at a cost of $119 per unit. Setup cost is $39. Inventory carrying cost at Johnson is determined to be 8 percent annually.
At a local fast food joint, cars arrive randomly at a rate of 12 every 30 minutes. It takes an average of 2 min to serve each arrival. What is the utilization factor? Given same problem, what is the average time in the queue for each arrival?
Ski Boards, Inc., wants to enter the market quickly with a new finish on its ski boards. It has three choices, refurbish the old equipment at a cost of $800.
Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.
A MATCH FOR ORGANIZATIONAL STRUCTURE AND CONTROL--GM BANKRUPTCY emerging fuel-efficient cars has resulted in a move from a GM corporation to a smaller GM company. Selling-off and phasing-out brands along with changing logos are steps toward a new GM.
Before one can begin writing a charter, one must consider the most appropriate organization for the project. You are the project manager for a company that integrates custom data solutions for large corporate enterprises. This project will span two o..
At a local Costco, there are exactly 4 types of ink-jet printers. The weekly demand for printers is estimated to be normally distributed with mean 360. The 4 brands have equal market share on average at that Costco, and the standard deviation of d..
Why is product variety an issue for the Operations function? What can the operations manager do to mitigate the impact of product variety?
What is the maximum number of chairs per hour that can be produced? Assume they start the day with inventory at each station to work on.
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