An executive conference center has the physical ability to handle 1,500 participants. However, conference management personnel believe that only 1,300 participants can be handled effectively for most events. The last event, although forecasted to have 1,300 participants, resulted in the attendance of only 1080 participants. i. ii. Calculate the utilization rate of the conference facility. Calculate the efficiency of the conference facility.
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- An executive conference center has the physical ability to handle 1,500 participants. However, conference management personnel believe that only 1,300 participants can be handled effectively for most events. The last event, although forecasted to have 1,300 participants, resulted in the attendance of only 1080 participants. i. ii. Calculate the utilization rate of the conference facility. Calculate the efficiency of the conference facility.An executive conference center has the physical ability to handle 1,100 participants. However, conference management personnel believe that only 1,000 participants can be handled effectively for most events. The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 950 participants. What are the utilization and efficiency of the conference facility?IIn a job shop, effective capacity is only 69 percent of design capacity, and actual output is 76 percent of effective output. What design capacity would be needed to achieve an actual output of 13 jobs per week? What is its effective capacity? a. The Design Capacity needed to achieve the required actual job outputs =Blank 1 (round to whole number) b. The Effective Capacity needed to achieve the required actual job outputs = Blank 2 (round to whole number) Blank 1 Blank 2 Add your answer Add your answer
- Please do not give solution in image format thanku Bob's candle factory is considering three different manufacturing options. Option A uses hand labor with fixed costs of $10,000 and variable costs of $2.75/candle. Option B uses a combination of hand and automation with fixed costs of $15,000 and variable costs of $1.10/candle. Option C is highly automated with fixed costs of $20,000 and variable costs of $0.75/candle. a. If demand for Bob's candles is 2500, which option should he pick, and what is the cost? b. If demand for Bob's candles is 4500 which option should he pick, and what is the cost?Average and Total Costs The Accounting Club wants to have a party for its members. The costof renting space is $1,500, and the cost of refreshments will be $15 per person.Required1. What is the total cost if 100 people attend? What is the average cost?2. What is the total cost if 200 people attend? What is the average cost?3. Explain why average total cost differs with changes in total attendance.Using the data on call volume in the accompanying table, how would you forecast short-term demand?
- The manager of a local restaurant “RRR” asks you to improve the existing “online food ordering system” with an additional function. It is desired that the new function informs the customer about the approximate time needed to deliver the foods after customer submits the order via the website of “RRR”. To understand the existing system and the new system;1. If you plan an interview with the manager of “RRR”.a. State which structure you choose for the interview? Why?b. Make 3 open-ended and 3 closed questions matching the structure of the interview.Long detailed answer to this question.Problem 16-15 (Algo) The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $ 378,000 Cost of goods sold 323,000 Value of production materials on hand 42,500 Value of work-in-process inventory 55,000 Value of finished goods on hand 21,500 Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)
- Both service and manufacturing organizations are required to evaluate capacity. Explain at least three of the major capacity considerations for a hospital. Provide an evaluation on how hospital capacity considerations differ from a factory. [no chatgpt answer]Type the correct answer in the box. Spell all words correctly. Valerie is in the business of selling toys. She has noticed that the sale of toys increases on long holiday weekends. She has instructed her staff to work for extra hours on these days to manage the demand. What strategy is Valerie using to adjust her capacity to the demand? Valerie is using the strategy to adjust the capacity to the demand.1 Start R&D Project ($5 million) $20 million Do Not Start the R&D Project What is the expected value at node 1? O $10 million O $7.5 million $15 million Successful 0.5 O Cannot be determined. Not Successful 0.5 Building Facility ($20 million) Sell Rights Profit ($ millions) 34 High Demand 0.5 Medium Demand 0.3 Low Demand 0.2 20 10 20