Neverland Company, a retailer, plans to sell 15,000 units of Product X during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? * 17,000 15,000
Q: Network Diagrams Exercise 1. For each task build the relevant network diagram 2. Add the task durati...
A: A network diagram is a visual representation of a project which helps to identify the activity relat...
Q: Soledad Bautista, the engineering manager, delegates tasks as a good manager should. However, Mark ...
A: given, Soledad Bautista, the engineering manager,delegates tasks as a good manager should. However,...
Q: What is achieved when multiple methods are used in combination with one another yielding more positi...
A: Marketing communication often called Marcom can be stated as the messages and media that the organiz...
Q: Mr.Tariq is an expert in processing packaged water bottles. The standard time given is 16 hours to c...
A: Rowan plan is a method for calculating the wages and bonus invented by James Rowan. Here, we can ide...
Q: I. Design a numerical example in order to demonstrate to the Productions and Operations Manager how ...
A: A location strategy is a plan to get the optimal location for a company by analyzing the company's n...
Q: If the first unit of a product took 25 minutes to produce and the learning curve rate is 80%, how m...
A: Given data is Time is taken by the first unit = 25 minutes Learning curve rate = 80%
Q: Find the forecast for April using Weighted Moving Average method given the below the actual sales in...
A: Weighted moving average is a forecasting method which helps to identify the forecasting using the we...
Q: Select one or more: a. A pie chart would be better O b. Change all the bars to gray. c. Sort the bar...
A: The chart represents the inventory level of farm animals, there are five animals, these are horses, ...
Q: a. Use the sales forecaster's prediction to describe a normal probability distribution that can be u...
A: Note: As per the Bartleby guidelines, only the first three parts have been answered.
Q: imple flow chart for applying a job
A: A job request is a arrangement that records factual education, communication information & profe...
Q: You have been asked to analyze the bids for 200polished disks used in solar panels. These bids have ...
A: Store network the executives (SCM) is the discipline that oversees supplies and cycles through each ...
Q: In operations management logistics does past performance guarantee future performance?
A: Operations management is the management in which the production process is controlled and designed s...
Q: Compute the multifactor productivity measure for an twelve-hour day in which the usable output was 1...
A: Multifactorial productivity consider the input values in two or more forms. It identify the producti...
Q: The EU has made changes in airline regulation that dramatically affect major European carriers such ...
A: Given-
Q: Q1: Draw the arrow diagram for the following activities and show the critical path: activity duratio...
A: ES -Early start time LS - Late start time EF - Early finish time LF - Late finish time ES = maximum ...
Q: What is the significants of "the calendar"? What are some significant future dates?
A: A calendar can be stated as the systematic approach or the framework for organizing or arranging day...
Q: Scheduling Problem An airline reservations office is open to take reservations by telephone 24 hours...
A: Given data is
Q: 6-30 After analyzing the costs of various options for obtaining brackets, Ross White (see Problems 6...
A: Given: Lead time = 2 days The standard deviation of demand = 1.5 units. Average demand per day = ...
Q: Discuss the several types of changes that may suggest a need to revaluate and/or redesign firm's log...
A: A logistics network is an effective logistics network modeling to move goods from their raw state th...
Q: Andy's Auto Dealership (AAD) is a family-run auto dealership selling both new and used vehicles. In ...
A: given, AAD total sell = 160 vehicles new vehicles represent = 60% of sales
Q: A company has the following demand data for the last three years of sales for their popular product ...
A: Month 2017 2018 2019 January 80 82 93 February 70 98 121 March 85 90 138 April 101 113 124 ...
Q: 4. Analyse why is it more efficient for the work cells to prepare "modules" and deliver them to the ...
A: 4. The response of the Wheeled Coach is been to build a focused factory. Work cells has been establi...
Q: The CrystalTip Company has a production plan. The company wants to determine which of their premium...
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for y...
Q: A product is produced at three plants and shipped to three warehouses. Plant capacity, warehouse dem...
A: a)
Q: subject to X - 2x, + x, 2 20 2x, + 4x2 + X3 = 50 and X, 2 0, X2 2 0, X3 2 0. (a) Using the Big M met...
A: answering only part A as mentioned given, Max z = 2x1 + 5x2 + 3x3 s/t x1 - 2x2 + x3 >= 20 2x1 +...
Q: (c) A company manufactures two products: X and Y. Product X costs $8 per unit and contains 2 units o...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Question 2 CWD Manufacturing makes three components for sale to refrigeration companies. The compone...
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(a, b, ...
Q: Using the diagram, find: The critical path. How long it will take to complete the project?
A: Activity Expected time A 10 B 7 C 5 D 7 E 11 F 3 G 5 Paths : A-C-F : 10 + 5 + 3 = ...
Q: QI: Draw the arrow diagram for the following activities and show the critical path: activity duratio...
A: Activity Immediate Predecessors Duration A - 5 B A 4 C A 7 D B 5 E B 4 F C 8 G C 3 H...
Q: Cans are made in a process with two resources. The first resource has a capacity of 11 cans per seco...
A: Given: 1st resource capacity =11 cans/sec2nd resource capacity =10 cans/sec 1st resource has workers...
Q: A major function of top leaders is coordinating and linking groups, departments, and divisions withi...
A: Top managers are executives in charge of the organization's overall direction. They occupy roles lik...
Q: Material management relies on five (5) areas in the organization as a) Inventory Control. b) Store...
A: Materials management is planning and executing processes in a supply chain in order to fulfill the m...
Q: Question 1 B A company produces 2 (two) different grades of gasoline – regular and premium from 3(t...
A: Table 1: Table 2:
Q: Network Diagrams Exercise 1. For each task build the relevant network diagram 2. Add the task durati...
A: Critical path analysis is done to identify the path with longest duration to complete the whole proj...
Q: Using the data given in the following table, if the seasonal index for quarter 3 is 1.12, what forec...
A: Find the Given details below: Given details: Year Quarter 2019 2020 1 120 113 2 135 13...
Q: Discuss the four (4) important categories of users when identifying stakeholders within a project ma...
A: Project management plan refers to the formal document which states the project outlines i.e., how a ...
Q: Explain 1-2 sentences Operating Risk Process Stoppage Health and Safety After Sales Service Failu...
A: Operational risk is related to the failure of any process, policies, systems or any kind of evets th...
Q: . Customer satisfaction is th eresult of the right combination of: a. Quality, time and product war...
A: Customer satisfaction is a very tough aspect of a business as to satisfy a customer in every aspect ...
Q: A queueing system has an arrival rate of 29 patients per minute (standard deviation of 21) and a ser...
A: Given, Arrival rate a = 29 per minute Standard deviation of arrival rate Sa= 21
Q: The XYZ Company produces small plastic toys in its Burbuli manufacturing plant. The company is curre...
A: Information given hereTotal units attempted=6000000Goods unit manufactured=4800000Processing time=80...
Q: 1) What is the annual holding (carrying) cost for the EOQ that you calculated? 2) What is the an...
A: EOQ is the optimal order quantity that the companies need to purchase so that they can minimize thei...
Q: What is the difference between the concept of sot surplus and trade deficit international trade? Why...
A: Trade surplus and Trade deficit are the two most important concepts in international trade that are ...
Q: For the first 50 years of business, the Johnson Carpet Company produced carpets for residential use...
A: Depending on the nature of the organization and product there might be a need to classify the sales ...
Q: 1. Write a linear program for the problem. 2. What is the optimal production mix among different co...
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts(1, 2, ...
Q: Week Demand of beef 1 500 2 550 3 600 4 720 5 780 6 800 Corresponding weights are W1...
A: An accuracy of the forecasting method can decide by identifying the MAD value of the each method. Hi...
Q: 70 b. Mаximin? c. Laplace? d. Minimax regret? uly the ualysis NEXT YEAR'S DEMAND Alternative Low Hig...
A: Minmax regret model of table which identify the lowest regression from regressions. Using the given ...
Q: What benefits and costs could a business expect from improving or changing the payment system?
A: ADVANTAGES OF CHANGING/IMPROVING PAYMENT SYSTEM : Faster and secure transactions Minimum set up cos...
Q: Ritz Products's materials manager, Tej Dhakar, must determine whether to make or buy a new semicondu...
A: given,
Q: Which quality program used the Cause-and-Effect diagram to identify causes of quality problems? a. I...
A: The quality management system is described as the process of a formalizing system that documents res...
Q: PRODUCT MIX: The JP Manufacturing Company produces two products. Resource requirements for productio...
A:
Step by step
Solved in 2 steps with 2 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Josh Smith, the materials manager at a retail store, has determined that a particular product experienced 5 turns last year, with an annual sales volume of $15 million. What was the average inventory value for this product last year? $2.5 million $2.75 million $3 million $5 million
- Par, Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag. Product Standard Production Time(hours) Cutting and Dyeng Sewing Finishing Inspection and Packaging Profit per Bag Deluxe 10 1 1 22/0 를 14 The director of manufacturing estimates that 630 hours of cutting and dyeing time, 600 hours of sewing time, 708 hours of finishing time, and 135 hours of inspection and…What is the effects of cutoff values on the accuracy and precision of classification methods.Par Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag: PRODUCTION TIME (HOURS) PRODUCT, CUT & DYE, SEWING, FINISHING, INSPECTION & PACKAGING, PROFIT/BAGSTANDARD 7/10, 1/2, 1, 1/10, DELUXE 1, 5/6, 2/3, ¼ The director of manufacturing estimates that 630 hours of cutting and dyeing time, 300 hours of sewing time, 708 hours of finishing time, and 270 hours of…
- A production corporation has entered into a new deal with a large raw material provider used in the manufacturing phase.The retailer maintains its raw material stock in the manufacturing plant under the current agreement called asupplier-managed warehouse and charges it only as the manufacturer purchases the raw material. How does thisimpact the product turnover level of the manufacturer?2. Karen Weber, the purchasing agent for Smith Manufacturing, views the purchase of widgets as a routine buying decision. What factors might lead her to alter this position? More important, what factors determine whether Karen considers a particular supplier, such as Albany Widget?reeway company introduces an improved version of an PC product in 2021; it is likely that the demand for the existing PC will decline because customers will buy the improved version. The decline in demand for the original product is not indicated by historical data. your opinion about the historical demand data will be: a. the historical demand is still useful in that it allows the firm to estimate the combined total demand for the two versions b. the historical demand is not useful. c. the historical demand is still useful in that it allows the firm to estimate the demand for the old version only d. the historical demand is still useful in that it allows the firm to estimate the demand for the new version only
- The increase in the size of an TNC is due to the dominant position of the TNC in the country of origin and other countries. Select one:falseFalseIdentify the concepts and their corresponding description, obtained from the survey of a construction company: In the context of a construction company, it is required to maintain the organization of different works that the company carries out. Our client is in the habit of organizing a set of tasks into what is called a batch. Items are used as units of work intermediate level, to which a limited amount of material can be assigned to fulfill the tasks that compose them. It is necessary to distinguish the suppliers and the prices of each material, even if there is only one supplier for each material. Although rare, tasks can have an associated machine; but generally, they have more than one. The machines are not related to the work other than by the tasks and the items; and only operators with category “A” can operate them. All workers are paid according to their category and the hours worked, regardless of the work. ➢ Carry out the definition of the types of objects found. ➢ Develop…Inventory Management You are the store manager at a local branch of DigiLife, a large electronics retail chain. A new version of a popular consumer electronics device called the Amulet is coming out this year. It is your job to sell as many Amulets as you can while minimizing your costs in order to maximize your store's profits. Your Goal Earn $1,000,000 in net profits of Amulet sales.