Aggregate Planning and S& OP Ch13 13.22 Uriel Southeastern Airlines's daily flight from Atlanta to Charlotte uses a Boeing 737, with all-coach seating for 120 people. In the past the airline has priced every seat at $140 for the one was fight. An average of 80 passengers are on each flight. The variable cost of a filled seat is $25. Katie Morgan, the new operations manager, has decided to try a yield revenue approach, with seats priced at $80 for early bookins and at $190 for bookings within 1 week of flight. She estimates that the airline will sell 65 seats at the lower prie and 35 at the higher price. Variable cost will not change. Which approach is preferabble for Ms. Morgan? Information All coach seating One price in past Average Variable cost Potential Changes Early booking Book within 1 week Variable cost stays $ $ $ $ 120 People 140.00 80 Seats booked 25.00 80.00 $190.00 25.00 Estimated seats: Estimated seats: 65 35
Q: You are assigned your first project and if things go well you should get promoted. The CEO is aware…
A: Normal time=6 weekscrash time=4 weeksnormal cost=$7080crash cost=$16330
Q: Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The…
A: Inventory management is the aspect of production management of an organization including storing,…
Q: Queen Manufacturing uses 2,200 switch assemblies per week and then reorders another 2,200. Assume…
A: Assume: No. of weeks = 52 per year
Q: Discuss the challenges associated with managing a virtual project team. Which challenge do you…
A: A virtual project team is a group of individuals who work together on a project despite being…
Q: Mangement The modern business environment is a dynamic landscape shaped by technological…
A: Management refers to making necessary arrangements for controlling activities so that they are…
Q: Girish Shambu and Delores Reisel are teammates at a discount store; their new job is assembling…
A: Find the given details below:
Q: What is the relationship between median income and level of education?
A: Education is the aspect of society that is concerned with the process or activity of obtaining or…
Q: A medical control system has three components in series with individual reliabilities (R₁, R₂, R3)…
A: A system with 3 components are connected as follows:
Q: In light of the recent death of former President Noynoy Aquino, the current government believes that…
A: The business plan is a communication instrument, either for external or internal purposes. It aids…
Q: The jobs listed below need to be completed. Assume that it is now day 140. If the jobs are sequenced…
A: Given-JobProcessing timeJob due dateA20180B25200C9175D16230E18110
Q: Assume for any product or service of your own choice, in pakistan show how the political. Market and…
A: An organization's strategy is a blueprint for decisions that outline its goals and objectives,…
Q: Marcus Johnson has a life insurance policy that allows him to change his policy to fit his changing…
A: There are several risks that occur and that can influence the practices and working of the…
Q: CASE BACKGROUND MGMT Hospital Inc is a private concern that recently opened its doors to the public…
A: Quality management is the aspect of management that focuses on the quality improvement of the…
Q: The CoolAire Company manufactures air conditioners that are sold to five different retail customers…
A: The cost of manufacturing and shipping a unit between each plant and warehouse and the fixed cost is…
Q: project manager needs to understand the different costs that a project may incur. Making reference…
A: Project costs encompass a multifaceted spectrum of expenditures integral to the inception,…
Q: the team at heritage craft is considering outsourcing some of its production activities for…
A: A business that engages with a third-party service provider to manage the manufacturing or…
Q: If you use data from months 1-6 to obtain the regression line y - 60x +8, what is your forecast for…
A: The technique of guessing or projecting future occurrences, patterns, or results based on historical…
Q: Kingcade Corporation keeps careful track of the time required to fill orders. Data concerning a…
A: Throughput time = Process time + Inspection time + Move time + Queue time.
Q: Case Study: Strategic Workforce Planning at Dutch Railway Infrastructure Manager- ProRail Traffic…
A: Strategic Workforce Planning is a systematic process that ensures that the workforce is in sync with…
Q: The county government has decided to redo the street you live on and plans to block the street off,…
A: The objective of this question is to identify the critical path in a project network. The critical…
Q: You have a project to be completed in 12 months, and the budget of the project is R100, 000. 6…
A: It is basically analysing how a project is performing and planning for the futures. It involves…
Q: This refers to the identification of what generates the project itself. As we said, it may be an…
A: The initiation phase of a project involves identifying the need or opportunity that the project is…
Q: What resources are available to complete a needs assessment? How is the scope of evaluation affected…
A: A needs assessment is a systematically developed method of discovering and analyzing differences…
Q: based on the case study attached and using examples of your choice, critically discuss the…
A: Operations management focuses on optimizing processes, reducing activities that increase the…
Q: Manceville Air has just produced the first unit of a large industrial compressor that incorporated…
A: Find the given details below:
Q: Please this is a marketing presentation. Help me create this part. My company is Explorify Travel…
A: Marketing is the functional area of management that deals with the selling and promotion of products…
Q: a) Sequence the jobs according to EDD. According to the EDD rule, the sequence of jobs should be E,…
A: Scheduling jobs involves carefully planning and arranging tasks or projects within a set timeframe.…
Q: Katherine is a forecast manager. She used exponential smoothing to forecast her sales with alpha…
A: NOTE: Since you have posted multiple questions, we will provide the solution only to the first…
Q: Which one of the following is a simple guide used to compile relevant information about a company's…
A: Any firm must perform environmental scanning, which is obtaining and evaluating data regarding…
Q: a) The 1st unit = hours (round your response to two decimal places). b) The 8th unit-hours (round…
A: let me state the given data, Learning rate = 75%Time spent on second bike = 5 hrsThe value of b is…
Q: Consider a product with three components in series, with reliabilities of 0.9, 0.7, and 0.89 for…
A: The likelihood that a system operates well for a certain period of time is known as reliability. No…
Q: Critically examine the different types of Retailer-Supplier Partnerships (RSP) that can be adopted…
A: Operationmanagement is the aspect that deals with all the activities and functions of the production…
Q: The purpose of this assignment is to give you an opportunity to create a forecast based on data and…
A: The objective of this question is to create two forecasts for the price of aluminum using Minitab,…
Q: you have determined that the line cook is wasting approximately a 1/2 ounce of carrot by overpeeling…
A: Let me state the given data,
Q: How do you apply in 100 words? The Myers Briggs Type Indicator (MBTI) assessment is designed to…
A: Organizational behavior is the aspect of the organization that is concerned with the factors that…
Q: C) A carpentry shop receives orders according to the Poisson distribution with a mean of 6/day. On…
A: Given data:Arrival rate (λ) = 6 orders per hourService rate (μ) = 2.2 orders per hourNumber of…
Q: you also should use the binary constraints. can you fix it?
A: Find the given details below:
Q: Q.4 What is a distribution plan? How to develop it?
A: Business objectives help a company aims to achieve to achieve the objective of a business…
Q: The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and…
A: Find the Given details below:
Q: Please create a Lessons Learnt plan for the reconstruction of a playground
A: A Lessons Learnt Plan, also known as Lessons Learned, is a process used by project teams to capture…
Q: min 2x² + 5xz+ 8zy² 2 s.t. 8x + 16y + 21z ≥ 400 3x + 5y + 8z ≥ 160 2 4z² + 5xy ≤ 600 x,y,z≥0
A: Linear programming helps the organization establish the feasible area that determines the suitable…
Q: A manufacturer of disk drives for notebook computers wants a MTBF of at least 50,000 hours. Recent…
A: Let me state the given data,
Q: a) Discuss any FIVE (5) business environmental issues.
A: Business environmental issues encompass a wide range of challenges and concerns that organizations…
Q: In a Q system, the demand rate for strawberry ice cream is normally distributed, with an average of…
A: A reorder point (ROP) indicates when the inventory manager has to reorder products to avoid…
Q: Michele Platini and Diego Maradona, planners for a company that makes several models of footballs…
A: Find the given details below:Period123456TotalForecast2503003504005002502,050
Q: Item Code 1289 2347 2349 2363 2394 2395 6782 7844 8210 8310 9111 Avg. Inventory (units) 400 300 120…
A: *Answer: Inventory is a means to an end in any association occupied with the creation, deal, or…
Q: the project In a project with the following activities, determine the critical path and the duration…
A: PERT stands for Program Evaluation and Review Technique. It is a statistical tool, used in project…
Q: The Ostrya Virginiana furniture company produces wooden chairs. The demand for chairs is 500 units…
A: The given question is for economic production quantity. EPQ is a quantity which minimizes the sum of…
Q: The demand for subassembly S is 120 units in week 7. Each unit of S requires 2 units of T and 1 unit…
A:
Q: ESCOM is D producer of electronic home appliances, incuding VHS (Video Home System) television…
A: (a) ESCOM should consider building a 40,000 unit plant for Rs. 5 million for next year. This…
Step by step
Solved in 3 steps with 2 images
- Alar is a manager at Shoeless Joe's Sports Bar and Grill and was approached by a hockey team asking for sponsorship. Sponsorship would mean purchasing 18 jerseys for the team BUT would see the team visit the restaurant on a regular basis. • The EXPECTED RETURNS for the restaurant from these visits would be Gross Sales of $2,000 per year for an expected five years. (Assume the restaurants profit margin on food/alcohol sales is 40%, so USE NET PROFIT of $800 per year for all calculations). Further, the jerseys would have the Shoeless Joe's logo and act as advertising (a goodwill function in accounting), BUT this is not considered in the calculations. Alar remembers something about CLTV in college and wants to calculate the CLTV using different methods on ONLY the future expected business from the team ($800 per year) (ignore advertising or goodwill from the jerseys). Determine: a) The CLTV of the team for "five years" using the "Easy Method". b) The CLTV of the team using the "Simple…Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $28,600 (as shown in the statement below) inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve profit line to $38,600 so he can obtain the bank's approval for the loan. Sales Cost of supply chain purchases Other production costs Fixed costs Profit 260,000 169,000 36,400 26,000 28,600 % of sales 100% 65% 14% 10% 11% a) What percentage improvement is needed in a supply chain strategy for profit to improve to $38,600? What is the cost of material with a $38,600 profit? % in supply-chain costs is required to yield a profit of $38,600, for a new cost of supply chain A decrease of purchases of $ (Enter your response for the percentage decrease to one decimal place and enter your response for the new supply chain cost as a whole number.) b) What percentage improvement is needed in a sales strategy…Corral Cartage leases trucks to service its shipping contracts. Larger trucks have cheaper operating costs if there is sufficient business, but are more expensive if they are not full. CC has estimates of monthly shipping demand. What comparison method(s) would be appropriate for choosing which trucks to lease? 1.Present Worth(PW) 2.Annual Worth(AW) 3.Payback Period
- How does revenue management impact an aggregateplan?Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…FlyUs Airlines is unhappy with the number of empty seats onits New York to Philadelphia flight. To remedy the problem,the airline is offering a special discounted rate of $89 insteadof the normal $169, but only for 7-day advance purchasesand for a limited number of seats per flight. The aircraftflown from NY to Philly holds 100 passengers. Last month’sdistribution of full-fare passengers is shown below. Howmany seats should FlyUs reserve for full-fare passengers?
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,220 February 4,320 March 4,020 April 4,420 May 5,020 June 4,720 July 5,320 August 4,920 September 5,420 October 5,720 November 6,320 December 6,020 Using linear regression analysis, what would you estimate demand to be for each month next year? (Round two decimal places) To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units…Jordan Airline routinely overbooks its flights from Dallas to Florida. Overbooking discounted seats can be expensive because providing a bumped passenger with a last-minute flight on a competing carrier can cost $2,200. A 150-passenger jet costs about $150,000 to operate from Raleigh to Atlanta. The average ticket price is $2,000. Table. The frequency of no-shows NO-SHOWS FREQUENCY 1 15 2 10 3 10 4 5 5 5 6 5 a. how many seats should be overbooked? (show your calculations) b. Korean Airline increased the average ticket price from $2,000 to $3,000 on its Atlanta/Seoul route for the holidays. How would the increased ticket price affect the number of seats overbooked? (show your calculations)11. Unik hotel has the available capacity of 500 deluxe rooms, and the margin for each room is $100. The Christmas season is coming and the hotel opens booking from customers and must decide on how many orders to commit to at this time. If the hotel has orders that exceed capacity, it must arrange to upgrade the room for guests, which results in a loss of $50 per room. 2. What is the overbooking level should the hotel accept if cancellations are normally distributed, with a mean of 20 per cent of the orders accepted and a coefficient of variation of 0.5? OA) 142 B) 158 O C) 161 OD) 173
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january february march april may june july august september october november decemberDemand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january february march april may june july august september october november december b. To…