Using the centre of gravity location technique, determine the location coordinates that will minimize the transportation costs for their family of products
Q: One mechanic services 7 drilling machines for a steel plate manufacturer. Machines break down on an…
A: When the source of the population is finite-number of customers or units in the queue is limited,…
Q: a) What percentage improvement is needed in the supply chain strategy for profit to improve to…
A: First to identify the given data, the sales is $100,000, the given cost of material is 45% of sales…
Q: Describe how the Critical Path Method (CPM) project management tool can be used to recover from…
A: Schedule overruns mean the late delivery or late completion of tasks than the estimated or…
Q: Skinner’s Fish Market buys fresh Boston bluefish daily for $4.20 per pound and sells it for $6 per…
A: Critical ratio is the rule that used to priority sequencing of waiting for processing at a work…
Q: A payoff table is given as s1 s2 s3 d1 250 450 500 d2 300 -250 900 d3 400 500…
A: Expected value method EV=(s1×p1)+(s2×p2)+(s3×p3) Conservative decision-maker A conservative…
Q: fter spending $300,000 for research and development, chemists at Diversified Citrus Industries have…
A: Find the Calculations below: Calculations Methods: Selling Price to Wholesalers = Retail Price -…
Q: Chiltern Farms “[T]he beautiful valley of Vyeboom nestled between the majestic Franschhoek Mountains…
A: Supply Chain Management relates to the distribution network that is laid out to move or dispatch…
Q: It takes an operator 1.70 minute to service a machine and 0.2 minute to walk to the next machine.…
A: From the given description, the following information can be extracted. Service time (l) = 1.70…
Q: a) What is the EOQ? units (round your response to two decimal places). b) What is the average…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Define "knowledge-based systems"
A: A type of artificial intelligence (AI) known as a knowledge-based system (KBS) aims to support…
Q: Use the following information in a table, about the activities of a project of a textile factory,…
A: Given information is
Q: Clinic administrator Dana Schniederjans wants you to forecast patient numbers at the clinic for week…
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: a) The average time of Claudine for the operation = minutes (
A: Average time = Sum of recorded times/Number of observations
Q: Describe, with examples, why it is beneficial for operations managers to anticipate changes to…
A: Operations managers are tasked with managing the flow of products and services to customers. They…
Q: describe how puchasing interfaces with other departments
A: The Purchasing interfaces with departments, the other departments includes, marketing department…
Q: e weapon" Justify the statemen
A: Since quality is an integral component of an organization's overall competitive advantage, the…
Q: The Chattanooga Furniture store gets an average of 72 customers per shift. Marilyn Helms, the…
A: Arrival Rate = 72 customers per shift Cost of waiting = $1 min per customer Cost of salesperson per…
Q: If he uses the earliest due date first priority rule to schedule these jobs, what will be the…
A: Scheduling is the process of arranging production activities in order to complete the manufacturing…
Q: The wheat harvesting season in the American Midwest is short, and farmers deliver their truckloads…
A: From the given question description, the following information is extracted. Arrival rate λ = 31…
Q: With reference to the case study, discuss the main reasons that have been influential in…
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: The following table shows the XY coordinates for five locations in a network of production sites.…
A: x¯=XiQiny¯=YiQinn= total number of shipments/destinations
Q: how does that performance compare with that of the industry? a) What was Organic Grocers' inventory…
A: Given : Cost of goods sold (COGS) = 10960000 Average inventory (I) = 991710 Inventory turnover of…
Q: The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest…
A: 2 year moving average is calculate by the sum of last two year and divided with number of moving…
Q: Discuss the importance of following a well-integrated change control process on IT projects. What…
A: A formal approach is called "Change Control." It is configured to allow project teams to change the…
Q: 150 2 300 3 480 4 600 5 630 6…
A: Ans) Table Calculation:
Q: UCLp = of a sample size of 500, the upper and lower (enter your response as a number between 0 and…
A: It is given that defect rate is 4.50 % or 0.045. So, p-bar = 0.045 Sample Size (n) = 500z = 3…
Q: What does leveraging mean in business strategy?
A: The generic term is not readily generalized and needs to be more connected to commercial meaning.…
Q: Companies have relied on their operations functions not only to maintain day-today operations, which…
A: Having a competitive advantage is essential for corporate success. A corporation can have more…
Q: An appliance manufacturer wants to contract with a repair shop to handle authorized repairs In…
A: Process capability Ratio (Cpk) is a statistical tool which helps to identify the process capability…
Q: Jack Ltd is a market leader in the manufacture of apple juice. They operate a reorder level system…
A: Given data: Average usage = 800 per dayMinimum usage = 540 per dayMaximum usage = 1260 per dayLead…
Q: In 200 words or more, explain the importance of location strategy to an organization.
A: A location strategy is an approach for selecting the most suitable place for an organization by…
Q: Given the following historical data, what is the simple three-period moving average forecast for…
A: 3-period moving average forecast is calculated the sum of last three period and divided by 3 .
Q: Safety stock = units (round your response to the nearest whole number).
A: Mean demand = 70 units Standard Deviation of demand = 7 units Service Level = 90%
Q: You are trying to invest $100,000 in a portfolio of stocks and bonds. You want the highest return…
A: Given data is
Q: QUESTION 3 Mr. John produces a special type of shoes on an assembly line. The process involves eight…
A: Assembly line production occurs mostly when the output is to be produced in batches. Assembly line…
Q: ne power law can be used to represent a common form of a learning curve hat uses as the independ…
A: Power law is a concept used in statistics. In this power law , functional relationship between two…
Q: What are the 7 layout strategies
A: Layout is a system which is designed to facilitate the efficient flow of materials through the…
Q: If facilities have lower fixed costs a. a few high-capacity facilities are preferred because this…
A: If facilities have lower fixed costs a. a few high-capacity facilities are preferred because this…
Q: A medical facility does MRIs for sports Injuries. Occasionally, a test yields inconclusive results…
A: P-chart is a model of control chart which considering the proportionate value for calculating the…
Q: (1) Find an optimal assignment of trucks to routes to minimize the total cost (using the Hungarian…
A: The Assignment Problem is a problem in the field of Operations Management which is defined as…
Q: Using any organisation of your choice describe the significance of operations managers and how they…
A: Key Advantages inside Effective Operations ManagerProduct Quality - The quality of a product alludes…
Q: The new-accounts officer at the Bank enrolls all new customers in checking accounts. During the…
A: Find the Calculations methods below: Arrival rate (λ): 5 Customers per hour Arrival rate (λ): 12…
Q: determine the safety inventory of the Mashburn Rail option if the Onion Shack purchases 240,000 bags…
A: Annual demand = 240000 Number of days in a year = 365 Daily demand = 240000/365 = 657.5342 Total…
Q: Draw generic supply chain process for colgate toothpaste product.
A: Supply chain refers to the system that includes the entire process of producing and delivering the…
Q: What is your forecast for next year’s sales?
A: The least squares method is a statistical technique that is used to estimate the parameters of a…
Q: Activity A B C D E F G I J K L Immediate Predecessors none none A, B AABCFFFHIK C, D, E H, I Time…
A: We prepare the project network diagram in Excel as shown below: The above diagram is prepared using…
Q: ABC Wash, Inc., makes commercial and industrial laundry machines (the kinds hotels use), and has…
A: Find the Level Strategy below: a. The Cost of the strategy is $ 1380400 b. Back order Requirement:…
Q: What are some cultural values that are highly inconsistent with yours? How might the presence of…
A: A community's cultural values are its fundamental principles and ideals.There are several parts to…
Q: task duration (hours) predecesor 1 predecesor 2 predecesor 3 A 4 B 5 C 3 A D 3 A…
A: Formulae used: Cycle Time = Operation time/dayoutput /day Theoretical minimum number of…
Q: 25. Consider the Mortensen-Pissarides model. Suppose the wage, w, is constant. The firms' profits…
A: Ans) Model is considered Mortensen-Pissarides, wage is constant. Profit are taxed at a particular…
i. Using the centre of gravity location technique, determine the location
coordinates that will minimize the transportation costs for their family of
products
Step by step
Solved in 2 steps with 2 images
- Problem 7 At Treasure Wine Estates in Napa, CA the Sales and Marketing Department have developed a linear trend equation that can be used to predict sales of its popular wine brands. Ft 90+ 12.5t Where F₁ = Annual sales (000 bottles) t = years A. Are annual sales increasing or decreasing? B. By how much? C. Predict annual sales for year 8 using the equation Note: round your answera. A farmers' cooperative association plans to build a new sugar mill in Georgetown. The primary objective of the mill is to provide the farmers with a place to take their crop for processing that will reduce their transportation costs. The members of the co-op believe that the center-of-gravity method is appropriate for this objective. While there are over 200 sugar cane farms in the region, they are tightly clustered around six villages. Using the data below, use the center-of-gravity method to calculate the coordinates of the best location for this mill. All mileage references use Browns Town as (0,0). Village Barney Valley Blue Pasture Congo Valley Bower Rabacca Salem Miles East of Miles North of Sugar Cane Browns Town Browns Town 90 140 20 50 100 10 10 60 70 20 80 120 tonnage 240,000 320,000 450,000 120,000 60,000 140,000ABC Company manufacture passenger cars for Malaysian customers. The sales volume is shown in Table 1. Table 1: The sales volume Period (Month) Sales Volume of Passenger Cars 1 8000 2 9500 3 7000 4 6500 5 8100 6 8600 7 9000 8 7800 9 7600 a) Based on Table 1, calculate forecast volume using and 5 periods-moving average. b) Based on Table 1, calculate forecast volume using exponential smoothing with α = 0.6. c) Evaluate which forecasting method is better between 5 periods- moving average and exponential smoothing with α = 0.6.
- 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A 25 26 27 28 29 30 B с 1 2 Based on the city distance dataset as follows: 3 4 5 6 7 8 9 1 Boston 2 Chicago 3 Dallas 4 Denver 5 LA 6 Miami 7 Phoenix 8 Seattle D Phoenix Chicago Denver Dallas 0 983 1815 1991 3036 1539 2664 2612 Boston Chicago Dallas Total trip miles by the traveler: Index Cities Seattle LA E Total trip miles 983 0 1205 1050 2112 1390 1729 2052 F Distance 1815 1205 0 801 1425 1332 1027 2404 G Denver LA 1991 1050 801 0 1174 2100 836 1373 H 3036 2112 1425 1174 0 2757 398 1909 I Miami 1539 1390 1332 2100 2757 0 2359 3389 J K Phoenix Seattle 2664 1729 1027 836 398 2359 0 1482 A resident of Seattle is embarking on a road trip that takes her to Los Angeles, Phoenix, Chicago, Denver, Dallas, and finally go back to Seattle. How many miles will she travel on this trip? Hint: Use INDEX and MATCH to answer the above question. 2612 2052 2404 1373 1909 3389 1482 0 L M NCVS chain prefers to operate one outlet in a town that has four major market segments. The number of potential customers in each segment along with the coordinates are as follows: Market Segment Location Coordinates Number of Customers x y 1 8 13 2000 2 10 16 800 3 4 8 1600 4 12 4 3200 Find the best location using the Center of Gravity Excel templateFreight car loadings over an 18-week period at a busy port are as follows:Weeks Loadings (lbs) Weeks Loadings (lbs) Weeks Loadings (lbs) 1 370 7 415 13 450 2 380 8 425 14 455 3 390 9 435 15 475 4 380 10 425 16 485 5 390 11 435 17 495 6 395 12 445 18 505a. Determine a linear trend line for expected freight car loadings.b. Use the above trend equation to predict expected loadings for Weeks 20 & 21.c. The manager intends to install new equipment when the volume exceeds 950 loadings per week. Assuming the current trend continues, in which week…
- Matrix uses simple exponential smoothing with S.F = 0.6 to forecast demand. The forecast for the week of Nov 1 was 350 units, whereas the actual demand turned out to be 400 units. Forecast the demand for the week of Nov 8 to week Nov 22 Week Actual Demand Forecast Nov 01 350 400 Nov 08 460 430 Nov 15 501 448 Nov 22 495 479.8 Element of Competency Determine the quantity of raw materials and other products order.Which of the measure(s) of central location can be used for both numerical and categorical variables? Choose from: mean, median, mode, and trimmed mean.The Northville Post Office experiences a seasonal pattern of daily mail volume every week. The followingdata for two representative weeks are expressed in thousands of pieces of mail:Day Week 1 Week 2Sunday 5 8Monday 20 15Tuesday 30 32Wednesday 35 30Thursday 49 45Friday 70 70Saturday 15 10Total 224 210 a. Calculate a seasonal factor for each day of the week.b. If the postmaster estimates 230,000 pieces of mail to be sorted next week, forecast the volume foreach day of the week.
- Travel Passengers 1 405 2 410 3 420 4 415 5 412 6 420 7 424 8 433 9 438 10 440 11 446 12 451 13 455 14 464 15 466 16 474 17 476 18 482 a) Using a weighted moving average with three periods, determine the sales for day 15. Use 3, 2, and 1 for the weights of the most recent, second most recent, and third most recent periods, respectively b) Find the MAD, MSE and MAPE b) Use exponential smoothing with a smoothing constant of 0.50 to forecast the sales (Assume that last period’s forecast for period 1 is equal to actual to begin the procedure (Ft1=Yt1). Which method do you think is best? Is this an improvement over the weighted average- use MAD onlyUsing exponential smoothing method, forecast the demand for the fourth period. The historical demand for the previous three periods is 41, 42, and 43 respectively, assume Alpha =0.9 (Round to 2 decimals)5. Compute a three-period moving average forecast and five-period moving average forecast given demand for shopping carts for the last five periods. Period Demand 1 358 402 569 588 698 2. 3.