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1. Examine the process flow chart below. The process is stable. The following information is known. Process Activity Time (minutes) Storage Average Inventory 1 2 3 4 5 6 7 20 15 12 15 15 20 30 1 2 3 4 5 6 7 ??? 4 1 1 5 1.5 5.167 It is also known that after process 2, 25% of the flow units move on to storage 3 and the remaining 75% are routed to storage 5. As well, after process 5, 70% of the flow units move on to storage 7 while 30% move on to storage 6. If the entering flow rate is 40 units per hour, and if the overall inventory level throughout the process is 74.8333, answer the following questions. a) What is the total inventory in department B (store 3, process 3, store 4, and process 4)? b) What is the flow time (T) for the entire process? If you assume no waiting occurs, what is the flow time for the entire process?
Each deluxe pizza uses 1 pound of dough mix and 8 ounces of topping mix. Determine the number of regular and deluxe pizzas the company should make to maximize net income. Create a linear optimization Model.
What is total cost (holding cost + ordering cost + material cost) if they buy at $4.50 per case at the minimum total cost point on $4.50 curve (EOQ point for $4.50)?
the cost of making two products is 3 each. the first product requires 2kg and the second 4kg of material. you have at
Read the Ask Chuck & A New Kind of Structure Case Applications on pages 283 & 284. Describe what Charles Schwab & PfizerWorks are doing. Discuss what role organizational structure plays in an organization's efficiency & effectiveness.
What is the yield to maturity of a bond that pays an 3% coupon rate, matures in 15 years, and is currently selling for $850? a.) 8.75% b.) 4.37% c.) 4.39% d.) 17.50%
Compare and contrast the following methods of job evaluation, and include examples that are not the same as in the textbook to demonstrate understanding
The chain is considering centralizing the inventory of the T650 to a distribution center that will serve all 49 stores. How much safety stock would be required at the DC to provide the same cycle service level of 90%
What programs does GMC Company have for the less advantage and children? What grade would you give this program and why?
Evaluate various supply chain strategy considerations for managers moving products or services to the consumer.
Discuss the advisability of using modular assemblies in manufacturing. (What are the advantages and disadvantages?) To what extent can these arguments be applied to service products?
Choose At least four key elements, tools, also/or concepts relevant to operations management also/or duties of an operations manager or operations management. Describe them also elucidate how they relate.
edgar schein is one of the most respected authorities on organizational culture and actually claims that the most
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