10.114.19.Parts arrive at a lathe at a rate of 20 every half hour. Each part must beprocessed on the lathe for 5 minutes. What is the utilization for the lathe?Utilization arrival rate/effective production rate arrival rate= 40/hr effec. Prodrate: 120/hr4.1 Principles of Business Resultsa 17%b. 30%c. 33%d. 60%What is the shift capacity of a machine with the following characteristics: 4.1Principles of Business Results.Part processing time = 70 secondsCutting tool has to be replaced every 35 pieces and it takes 30 seconds toreplace the toolThe machine can operate 27,000 seconds per shiftFormula: operational time per shift/(process time + set-up time/interval)27,000/ (70+30/35)a. 381.04 pcsb. 385.71 pcsc. 379.39 pcsd. 270.00 pcsFor a process that has total lead-time of 8 hours and value added time of 33minutes, what is the Process Cycle Efficiency? Formula: VA time/Total Leadtime 2.1.2 Identifying & Elimination of barriers to flowa. 24.2%b. 6.9%c. 68.8%d. 14.5%L0 25. If it takes 85 seconds to assemble a part and the customer needs a part every 17seconds, how many operators are needed to staff the work cell that builds thepart? 3.2.2.7 Res Deploya. 5b. 0.2c. 1d. Can't determine it from the information given

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Answered: 10. Parts arrive at a lathe at a rate…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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29) XYZ Company The XYZ Company uses 175 handles per day. The company operates 300 days per year. It costs $2.00 to carry one handle in inventory for one year. When handle inventory is low, an order is sent to the fabrication department to manufacture more handles. Fabrication can produce handles at a rate of 1500 per day and send the handles over to assembly while production is in progress. The setup for each production run costs $500. In order to calculate the EOQ, the XYZ company utilizes the __________ model. Group of answer choices a) Basic EOQ b) Production Quantity c) Optimal Production
What is one important advantage of a Make-To-Stock process? Group of answer choices Can respond quickly to customer demand Creates greater flexibility Less likely to have obsolete inventory More environmentally sensitive
A convenience store uses the fixed-period inventory control system (FPS) to manage its inventory of distilled water bottles. This system relies on the following information. (a)Using EOQ (rounded up), what is the time interval between reviews T in operating days? Note that after having the rounded-up EOQ, you should not round up values at intermediate steps; and, you should round T up only after the last calculation. (For example: enter 10 for 10 days.) (b) What is the current inventory position (IP) in bottles? (For example: enter 70 for 70 bottles) (c)Without safety stock, what is the replenishment level without safety stock M(AD) in bottles? Note that the question does not ask for M(ST). (For example: enter 70 for 70 bottles) (d)If today is the review day and without safety stock, what is the order quantity in bottles given M(AD)? (For example: enter 70 for 70 bottles)
Determine optimal number of needles to order D = 1,000 units S= $10 per order H= $.50 per unit per year Q* = 200 units
A company manufactures hair dryers. It buys some of the components, but it makes the heatingelement, which it can produce at the rate of 800 per day. Hair dryers are assembled daily, 250 daysa year, at a rate of 300 per day. Because of the disparity between the production and usage rates,the heating elements are periodically produced in batches of 2,000 units.a. Approximately how many batches of heating elements are produced annually?b. If production on a batch begins when there is no inventory of heating elements on hand, howmuch inventory will be on hand two days later?c. What is the average inventory of elements, assuming each production cycle begins when thereare none on hand?d. The same equipment that is used to make the heating elements could also be used to makea component for another of the firm’s products. That job would require four days, includingsetup. Setup time for making a batch of the heating elements is a half day. Is there enough timeto do this job between production…
5- Which of the following statement is relevant to services? a. Services can be measured b. Services are perishable c. Services can be warehoused d. Services can be stored
Mazoon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of :fixed costs. The number of units that must be sold to achieve $40,000 of operating income is units 380 a O None of the given answers b O units 200 .c O units 152 d O units 390 .e O
Compare and contrast the concepts of order-to-cash cycle time and order cycle time.
30) XYZ Company The XYZ Company uses 175 handles per day. The company operates 300 days per year. It costs $2.00 to carry one handle in inventory for one year. When handle inventory is low, an order is sent to the fabrication department to manufacture more handles. Fabrication can produce handles at a rate of 1500 per day and send the handles over to assembly while production is in progress. The setup for each production run costs $500. Assume the XYZ company orders 9,000 handles at a time (not necessarily the economic order quantity). The order receipt period = _____ days. Group of answer choices a) 6.0 b) 5.8 c) 30.0 d) 51.4 e) 50.0
Complete a fish-bone chart explaining how a pizza delivery can arrive late on a Friday or Saturday. Match each number in the chart with corresponding reason. I Manpower Not enough training Ingredient shortage Not enough boxes Drivers get lost Material Low pay/ high turnover II Source of error 11 III IV III Methods Turnover Training not sufficient Machinery Can't handle large orders Credit card machine broken Too few phones Reason Oven breaks ▼ IV ▼ ▼ Late weekend pizza delivery
Examine the possible cash-flow issues and operational improvement possibilities of at least two KPIs from the middle of the revenue-cycle dashboard of the chosen organization Charges are captured for services provided. 91%(Color: Yellow)92%(Color: Yellow)85%(Color: Yellow)86%(Color: Yellow)Clinical documentation is completed within 5 days of patient visit/discharge.93%(Color: Green)96%(Color: Green)81%(Color: Yellow)81%(Color: Yellow)Area of the CycleKey Performance Indicator (KPI)Target: 100%January - MarchActualApril - JuneActualJuly - SeptemberActualOctober -DecemberActualMembers of the medical staff are notified within 2 days of any delinquent (greater than 5 days) clinical documentation in patient charts.100%(Color: Green)98%(Color: Green)99%(Color: Green)100%(Color: Green)Coding is completed within 5 days of clinical documentation completion in the medical record.100%(Color: Green)70%(Color: Red)78%(Color: Red)76%(
30) The frequency for Booking control level of revenue management decision is A. Daily or weekly B. Real time C. Quarterly or annually D. All of the above

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