What is the break-even quantity? Round your answer to the nearest whole number. units Should the firm make the 9,500 units in-house or outsource? Firm should produce the molding .
Q: A restaurant manager tracks complaints from the diner satisfaction cards that are turned in at each…
A: A pareto analysis state that the 80% of results will come out from 20% of the attributes.…
Q: Many of a bank’s customers use its automatic teller machine to transact business after normal…
A: Given- Arrival rate (λ) = 1 customer every 2 minutes =30 customer per hourService rate (μ) =…
Q: The production planner for Fine Coffees, Inc. produces two coffee blends: American (A) and British…
A: The detailed solution is given in Step 2
Q: What is the time constraint?
A: Linear programming is a mathematical technique that is also used in operations management…
Q: 2. A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second…
A: Given data is House Labour Lumber Profit Wren 4 hrs 4 units $10 Bluebird 2 hrs 12 lumber $15…
Q: Disucss the functions of operation management in the manufacturing and production in any company.…
A: The role of operation management is to see that resources are properly transformed into goods and…
Q: As a part of its procurement strategy, a company is evaluating whether it should switch to a new…
A: Inventory management is described as the means through which a business or an enterprise maintains…
Q: To keep up with the volume of information transmitted between origin and destination points, use the…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Ottis, Inc., uses 640,000 plastic housing units each year in its production of paper shredders. The…
A: Inventory management is the process of ordering, carrying, selling company ' s inventory. Economic…
Q: A company wishes to produce two types of souvenirs: Type A and Type B. Each Type A souvenir will…
A: Decision Variable: Suppose-X is the no. of Type A souvenirs producedY is the no. of Type B…
Q: What is the optimal order quantity for MBC? (b) How frequently should MBC order to replenish the…
A: EOQ = √(2DS/H) Number of orders = D/Q Maximum inventory = Reorder point+ EOQ Reorder point = (D/W)*L
Q: 123 Oil Company manages a refinery in the Gulf of Mexico. The refinery distills crude oil from two…
A: Given data is Crude oil country Kerosene yield Asphalt yield Petroleum yield Waste Cost Purchase…
Q: analyse the role of operations management capacity planning and control in a clothing business and…
A: Operations management is the process of designing, implementing, and controlling the production and…
Q: Reconstruct the given Business Process. Identify process that can be grouped into a sub-process.…
A:
Q: (Chapter 19) Consider the project, code name Business Al, with 5 activities, The precedence table…
A: Given data is
Q: Consider the following LP problem developed at Zafar Malik's Carbondale, Illinois, optical…
A: Given data is Objective function: Max Z=1X1+1X2 Subject to constraints: C1.) 2X1+1X2≤100C2.)…
Q: a production company that sells two types of gasoline, G1 and G2, from two types of crude oil, C1…
A: Two types of gasoline are prepared from two types of crude oils. Hence, the decision variables must…
Q: Within the context of the manufacturing sector critically discuss why operations managers should…
A: Operation managers keeps processes running smoothly within smoothly. Operation managers should…
Q: A linear programming problem is given as below. What is the optimal solution (X1, X2)? Maximize:…
A: NOTE : As no particular method is specified I did in Graphical Method. MAX zx = 5 X1 + 3 X2…
Q: The inventory turnover for the retailer is ------- turns per year. (Enter your response rounded to…
A: Inventory is the raw material that is particularly used in the production of goods. Inventory is the…
Q: 3. Define the concept of outsourcing and write short notes on advantages and disadvantages of global…
A: The concept of outsourcing can be defined as a business practice in which a company hires a third…
Q: Imagine a company that has a corporate strategic goal of operating a new food delivery service line.…
A: Imagine a company that has a corporate strategic goal of operating a new food delivery service line.…
Q: Given the following table solve by vogel approximation method
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Differentiate Statistical Quality Control and Statistical Process Control.
A: The distinctions between SPC and SQC are obvious, yet there is still considerable disagreement…
Q: 3. If an organization is having difficulty trying to get customers' opinions into the definition of…
A: General introduction about quality: Quality means differently to different people. For some, it…
Q: The following are considered part of the EOQ computation: A) Holding costs B) Inventory costs C)…
A: To cut costs related to transportation, warehouse space, stockouts, and overstocks, firms employ an…
Q: ose loves to eat out in area restaurants. His favorite foods are Mexican, Italian, Chinese, and…
A: Given: Cost of Mexican meal (M) = 400 Cost of Italian meal (I) = 600 Cost of Chinese meal (C)= 360…
Q: ming,norming ect)
A: Team development stages according to Tuckman Bruce Wayne Tuckman first created and published the…
Q: What is the reorder point (R) for a product whose weekly usage is 546 and whose lead time (L) is…
A: An exact level at which your stock has to be restocked is known as a reorder point (ROP). To put it…
Q: 3 Consider the network below, representing times taken for various activities in a large project. 24…
A: The activity-on-Arrow diagram is given here. The activities are shown on the arrows. Part (a): The…
Q: Which of the following statements is TRUE? Make-to-order systems are more suitable if leftover…
A: Make-to-order: Also, known as Made-to-order, this is a process where production is started for a…
Q: 3. Steel Production Planning. Let S represent the amount of steel produced (in tons). Steel…
A: Decision Variables: Suppose-L = Amount of labor inputC = Amount of capital input
Q: X2= ______ (round your response to two decimal places).
A: The optimum point obtained in Step 3 of the previously solved question = (33.33, 33.33) where the X1…
Q: Labor utilization of clerks: % Labor utilization of typists: % Where is the bottleneck in…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Which of the following is not information needed to use the transportation model? Multiple Choice…
A: A transportation model is a type of mathematical model that is used in operations management to…
Q: • What is capacity? • Steps in capacity planning • Techniques used in capacity planni
A: The operations management system in a corporate organization must accurately assess, anticipate, and…
Q: hich one of the following is an advantage of lean systems? Question content area bottom Part…
A: Lean system implementing the lean principles in each areas of business including operations,…
Q: A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated…
A: Reference Table: Given that Learning Rate = 90% Unit time coefficient at 90% learning curve @…
Q: 1 Explain the role and applications of management decision science in the inventoy management
A: Management science can be broadly defined as the study of problem solving and decision making in the…
Q: The Axis car rental company allows its customers to pick up a rental car at one location and return…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Costco also employs a just-in-time inventory management system, which includes sharing data…
A: A good Inventory management system is always needed by companies to meet demands or to maintain the…
Q: Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the…
A: Linear Regression Assume X = Price Y = Number sold X Y XY X2 2.70…
Q: How does the project closure review differ from the performance measurement control system discussed…
A: Project management is described as a process through which a project is steered or moved from a…
Q: Using the historical data above, use a quantative method of forecasting to forecast sales for week 8
A: Forecasting is usually done by considering previous trends and extrapolating them into the future.…
Q: As the assistant manager of a restaurant, how many servers will you need given the following…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: 15. Generally, two types of data may be collected from sampling at an inspection point. These two…
A: At an Inspection point, we would do the sampling and collect the data in either of two forms, these…
Q: The table below provides the parameters for a new current state value stream map for the family of…
A: *As per the guideline first parts are answerable please repost the remaining parts. Given data:…
Q: 20. A maximizing linear programming problem has two constraints: 2X + 4Y ≤ 100 and 3X + 10Y ≤…
A: Given data is Constraint 1 = 2X+4Y≤100 Constraint 2 = 3X+10Y≤210
Q: explain the transformation process in a hotel resort
A: The transformation process of operations in a hotel resort is a complicated process. It involves…
Q: The Axis car rental company allows its customers to pick up a rental car at one location and return…
A: Find the Given details below: Transportation table Location Location 3 4 5 6 Supply 1…
The Vera Molding company has two alternatives for meeting a customer requirement for 9,500 units of a specialty molding. If done in-house, fixed cost would be $300,000 with variable cost at $40 per unit. Alternative two is to outsource for a total cost of $80 per unit.
-
What is the break-even quantity? Round your answer to the nearest whole number.
units
-
Should the firm make the 9,500 units in-house or outsource?
Firm should produce the molding .
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 perunit. 1- Compute the break- even point of the football in unitsand dollars?This is for quantity food purchasing and production class! Why do school districts have to follow purchasing laws? What is the process they follow or the fundamental steps? How does this impact Food Service?ABC company buys, sells, and repairs old clocks. Rebuilt springs sell for $10 per unit. Fixed cost of equipment to build springs is $1,000. Variable cost for spring material is $5 per unit. Calculate the breakeven quantity.
- Gary’s Seasoning wants to increase its capacity by adding more blending and packagingmachines. Two vendors have presented proposals. Vendor A’s equipment costs $11,500 and the variable cost per unit is $2.00. Vendor B’s equipment costs $13,500 and the variable cost per unit is $1.75. Selling price for each seasoning packet for $4.00.a. What is the break-even point for each proposal?b. If the expected volume is 7,500 packages, which vendor should be chosen? (Show all calculations to earn full credit)Differentiate between production process and service process. What are the characteristics of both and why is there a continuum rather than a rigid difference between the two?Julia Martin is the production manager of a ready to wear manufacturing outfit. A decision needs to be made about the type of clothing material or fabric to be used to make a shirt. The fabric that has been used in the previous production cost P 40 per yard but it is not available currently. Similar material from another supplier will cost P 50 per yard. Required: Identify all costs that you can see in the Julia Martin problem. Explain simply why you classified it as such.
- Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order-Processing Costs 3,000 $ 165,400 1,500 100,750 4,400 241,400 2,800 163,800 2,300 139,550 1,200 86,200 2,000 125,000 1 2 3 4 5 6 7 Required (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $ 28,000 + $48.5 X (b.) Plot the data on a scatter diagram. Using the information from representative high-and low-volume months, develop a cost estimating equation for monthly order-processing costs. If needed, an Excel worksheet is provided in the following link in order to create the scatter diagram: Scatter_Diagram $ 15,000 X+ $53.14 X XDescribe the product Package of Primer Inc. by Identifying the tangible and intangible (service) components.What are the differences between manufacturing process type & service process type?
- Find examples of products produced with the different forms found from below. Justify your choises .FORMS OF PRODUCTION •Warehouse driven production/standard production •Order-driven production •Individual production •Serial production •Integrated production •Mass customization•Local production •Production line •Production team •Flexible manufacturing systemQUESTION 4:Write a summarization from the topic of ABC-analysis. Length 1-2 pages.What does the concept of value engineering mean? How is it used in target costing?Give an example of how obtaining business requirements aids BPM.